Thuy Burritt
How to analyze a deal that use cash-out from previous purchase?
Can you please help explain how to calculate/analyze a deal using cash-out (equity) from other properties as the down payment (say 20%)? I am about to close on the 2nd property. I want to buy as many more as I can bef...
Federico Morales
Need a CPA in SF Bay Area to correct previous tax returns
Hello guys,My parents own several properties in San Jose and have been using the same tax guy for 20 years or so. However, I don't think he is very good. Basically, they use him because he is cheap and they have used ...
Gary Bennett
How could I have presented my previous deal to private money lenders?
I receive automatic emails from my real estate agent and a nice looking 3br 1.5 bath for $24,900 came up and I jumped on it.The deal breaks down like this:$6759.16 for 20% down payment, insurance, taxes, inspections, ...
Julio Vazquez
Trying to get a loan with a late payment on previous loan.
I am in the process of trying to buy another property. The problem that I am having is that 4 months ago I had switched banks but continued to pay my mortgage from the old account. I realized the issue and caught up ...
Steve Sherman
Getting rid of previous owners' IRS tax lien attached to my Title
I recently purchased a duplex at a St. Louis City Tax Sale. The preliminary title report showed that there is a Federal Tax Lien attached to the property, which doesn't automatically get wiped out through the Tax Deed...
Jorge Vasco
Tenant was evicted by previous landlord and now I own the house
I’d really like to know what my options are? I tried reasoning with the tenant and have been as nice as possible to come to an agreement and have some understanding. I told her I’d put her on a payment plan and that f...
Elena Pech
What are my chances to evict previous home owner and his family?
Hello, I want to buy a house that is subject to a petition to partition between several siblings. One of the owners in his late sixties with his family live in a house, and won't move out. If I purchase the house (aft...
Des Shei
Request for sample 'cash for keys' letter - Foreclosed unit with previous owner
I purchased a property at auction last December that is still occupied by the former owner. i hadn't approached it until now due to work underway on other projects. now that we got most of those nearing completion, i ...
Taylor Atkinson
How to make tenants pay for WIFI when it's previously been free.
Facts:-I am closing on a 42 unit mixed commercial (29) / Residential (13) property in Canada.-The current owner has maintained this property to a very high standard, and has treated all of his tenants like family.-Ren...
Mike Brown
In BRR, could I pay off the previous home using the refinance?
Regarding the Refinancing part of the BRRR method, would it be better to use the cashout refi to pay off the remaining balance of the previous home for extra cash flow, or use that money to buy another and build equit...