Kyla B.
No no no - how to say no
We just listed our first rental property (Ontario) and have a fair amount of interest in the unit. Someone messaged and after all the arrangements were made to meet, they inform us that:-they own businesses but don't ...
Ted Harris
FHA 90 Day Seasoning (the Flip Rule) Waived as of Feb 1st, 2010
YES, it's true! This waiver, which takes effect Feb 1st of 2010, is limited to those sales meeting the following conditions ....
here's the HUD link with specifics:
http://www.hud.gov/offices/hsg/sfh/waivpropflip20...
Mike Rios
Unusual BRRRR situation, need help
Hey ya’ll-Bought an REO foreclosure (cash) as an Owner occupant last April. -House was a 3/1, converted it into a 3/2 then I had the idea of enclosing the carport and terrace. -The carport is a 1/1 “in law space” wit...
Kyle Grimm
When to stop charging a late fee
So my question is, when do I stop charging my tenant a daily late fee charge if he has already paid most of rent but maybe still owes $100 for that month? I have a renter who usually is about a week or two late with ...
Darren Budahn
Is There A Way To Do Seller Financing On This Deal?
I have a chance where I may be able to obtain a duplex from a very good friend of mine. His sister-in-law unexpectedly passed away about a month ago unfortunately. My friend was named executor of the estate. He aske...
Account Closed
Buy and Hold Rules - Lets create a Summary
I'm trying to create a buy and hold summary to distribute to partners, i.e. Realtors. What do you thinking of the following:
[b]Goal:
Increase portfolio of single family residences to provide additional passive inco...
Brett Veasey
How do you grade a neighborhood?
I’ve been looking into out of state markets to invest in because it is harder to find deals in my market (Atl, GA). One thing I am having a hard time figuring out is, how to rate a neighborhood that’s out of state. I ...
Robert Reineri
SoloK Distributions and Witholding.
I was recently told that for a solo 401K distribution , it was required that you sent 20% withholding to the IRS by the 15th of the following month . I am over 59 and a half .This seems odd to me since in a regula...
Neil Da Silva
SFH Central Florida - Need help with analysis!
Hey guys,I have what I believe to be a good deal in central florida however I'm not 100% sure! Hopefully you guys can help me out with this, I really need to know how to analyze this asap so I can secure this deal!Pro...
Angie Menegay
Expenses associated with a wraparound mortgage
For tax filing, where would expenses associated with a wraparound mortgage be reported? On Schedule A? Some examples would be interest paid to the underlying lender, note processing fees etc.
Thanks,
Angie