Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $27,000
Cash invested: $68,000
Completed a large scale renovation on this 100 year old Shotgun styl...
It seems like a lot of people are held from taking action due to risk of potential crash. *From people who invested before 2008 and after* what were your investments/strategies that remained strong during the recessi...
I am closing on a property when title found a 2nd on the house. The 2nd was part of the original purchase. Shortly after the Seller purchased the house (2005) the Mortgage Company was dissolved (prime lending issues...
My insurance (Farmers) accepted claim for flood damage. Kitchen had to be completely redone which took 2.5 months. I reduced rent to account for unusable kitchen. Tenants left after 1 month in the repairs after paying...
I am in the process of acquiring a replacement property through a 1031 exchange. Fortuitously the replacement property has a separated basement unit that could be finished to make a second rentable unit. Is there a cr...
A little over 3 years ago, a friend of mine that new that I purchased mortgages, came to me and said that he had purchased a second mortgage with a face amount of $1,150,000 secured by 51 Town Homes in a nearby town. ...
Has anyone had any luck gettting a property on a subject to and then negotiating the second down or paying it off at a discount?
I've finished my first solo live-in flip (Mindy Jensen style) and have the option to take on a much larger project, my parent's partially renovated home. They got the garage and bonus room above it down to the studs b...
Hello,
My brother and I received a house from our father (act of donation in june 2008), the house is a two family unit, estimated value of $70,000. The house is clear of any mortgages, liens (no money is owed for it...
I've read some online resources but still have a lot of questions. Here is the first batch of questions:1. One intermediary my CPA recommended says this on their website:
[First, set up an account] "Second, via an e...