Andrew Caleb Bell
Refinancing Property Owned by LLC
I am aware that I can move a property out of my LLC into my personal name, and refi, but are there competitive ways to refinance it without it leaving the LLC. The Property is Triplex, Fully Occupied, and has rental ...
Lena S.
How to cancel the lease?
I need to cancel the lease before the new tenants move in. I took deposit and first month rent. Is it any legal consequences of doing it?Of course we refund all the money back including background check money. It is ...
Ira Sullivan
Using my 401K to buy my first rental
So my wife and I are beginning REI in Alabama. My wife has a 401K worth 39K from her old job. After studying for the last 6 months, we would like to use the BRRRR strategy to start in real estate. We would like to bu...
Gloria C.
Bank forebearance-any updates more thoughts?
Now that we’ve been in this crisis for weeks is there any new thoughts on if mortgage forebearance is actually a good strategy or if the risk of future implications is too risky if you’ll be trying to get loans in fut...
Arijit De
Keep 401K loan or refinance with cash out?
Wondering if it makes sense to keep the 401K loan that helped purchase a property in cash OR should I refinance the property with cash out? The term of 401K loan is only 5 years resulting in larger payment every month...
Audra Todd
Illegal Dumping on Property Next Door (We might want to buy)
We live in a rural area on 2 acres beside a beautiful forest which lines the west and south sides of the property. There is also a beautiful, clear, spring fed creek. Most of our lives, the forest has been fairly cl...
Bruce Woodruff
I sure love AirBnB......
Got my latest host review yesterday from AIR and they took away my Superhost status. So I call up their help number where they speak something resembling English, and was told that I had violated one of the parameters...
Chris Hansford
Interesting investment opportunity I am considering
So I am new to Real Estate and always looking for unique ways to make money.A good friend of mine messaged me with a “special circumstance”.What would any of you do in this case? Would you do it, what terms would you ...
John Lyszczyk
Self-Directed IRA Questions
My Dad is trying to buy raw land in Michigan by rolling over his traditional IRA to a Self Directed IRA. This is a long-term investment. I understand we cannot use this for personal use. I have a few questions that m...
Timothy E Sullivan
Seller backs out day before!
I was getting ready to leave work to wire the money the day before closing on Friday, and I got a call from my realtor saying that the seller has to come to closing with $7,000 and she said she doesn't have the mo...