Max Vulcanus
Virtual investing machine as an automated to the house buying and rehab process?
I have been creating a virtual investing online software system for buying real estate for about a year and it is almost complete and I am just doing the finishing touches.
Question: Can any of you please give me so...
Charlie Stewart
My First Opportunity
Greetings all,My first post to the forums. I've been hiding out, listening to the forums and planning to make deals! I'm the person that likes to plan on making plans. I think I have something that is edging me for...
JayCinta Henry
Heloc or Cash Out Refi?
SFRental - has a 220-230k valueCurrent mortgage balance is 149k, with a 30 yr, 2.85% interest.I put about 15K down payment and closing, house hacked for one year. I need access to money, to invest in other deals. I a...
Rosalie Evans
Due on Sale and the LLC.
Is it risky at this time to ask your bank to allow you to put your investment property into a single member LLC? I opened an LLC just for this reason but I have not transferred it. I have heard that some investors jus...
Robert Muzyka
Who has experience with Hard Money in Dallas?
Would you recommend a new investor do their first deal with hard money? What do I need to look out for among different hard money lenders in Dallas?
Chris Turek
1031 vs accelerated deprecation for qualified real estate prof.
I will try to summarize my situation. I sold a property last week and hired the necessary firm to put it into a 1031 exchange. I have a cap gain of about 400k. I have identified a property to purchased that would c...
Ashley Roush
Applicant has no social or driver's license number
We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....
Michael Baum
Get ready to pay more for you mortgage
So here is something that is coming on May 1st. I just heard about it.Essentially if you have a good credit score (680 or above) you will pay more in mortgage fees to help those with poor credit buy a house.https://ww...
Account Closed
What happens to my credit if I do not pay condo fees?
What happens if I buy a condo in a LLC and fail to pay the condo association fees? I know I risk losing the property to the condo through foreclosure, but what would happen to my personal assets and credit if I faile...
Mark Turney
Self Directed IRA to fund deals!
Has anyone in the Tulsa area used self-directed IRA's to fund their deals? I would like to meet with a local rep of a compnay that offers SD IRA's to get information on exactly how they work.