Louise Whidby
assessment & taxation lien properties
I am sending out yellow letters to property owners that have liens on their homes. If I was to put one of these properties under contract who pays the liens? How do the liens come into the price for the seller or buyer?
Lauren Huskey
Closing on first rental property
I am in the process of closing on my first rental property. I am purchasing from a FSBO. I have the loan worked out and appraisal done. Loan officer says we can close as early as this week. I know I need to get an ins...
Karan Johar
PenFed HELOC Homestead Exemption
I have investment properties in Dallas area and I am currently working with Penfed to do HELOCs on these properties. After going through all the hoops the processor has rejected my HELOC applications because they insi...
Mike C.
New construction loan?
My plan is to build a fourplex(townhomes). I have received quotes for just the shell/frame and a complete move-in ready build. The difference is close to 150k. I am comparing the complete build to the cost of the sh...
Thomas O'Donnell
Refinancing: What is Actually Required and How Does it Work?
Whenever we hear about investing in real estate, the topic of refinancing at a later date always comes up. Now this can be for a BRRRR, if rates fall and you're trying to obtain a lower rate, or for some other reasons...
Anthony Barbato
Software for Mac
I know the question of software has come up many times, but I can't seem to find any solid information or options for us Mac users out there. I have done some research on iBank 5, which seems to be the best option at ...
Bob Ward
Steps in the foreclosure process - SC
A property owner left the county and walked away from the old house on which they still owed $79K on a 1977 mortgage. Medical issues and need to live with a relative. The owner moved out of county sometime in August ...
Bryan C.
How to transfer money via Credit Card to Contractor?
Good morning/afternoon,I have 2 duplexes that require significant rehab in Dayton Ohio and I am having a recommended contractor do the work. The problem is that I dont think he is set up to accept credit card. He ha...
Account Closed
Removing a tenant in place on a flipped property
Hi all,I am looking into purchasing an SFR to flip in Sacramento, California and there is a tenant in place. The tenant is currently on a month to month lease. The property is off market, and the seller states that he...
Chris Semklo
1031 exchange intermediary
Anyone have experience using a Milwaukee area title company for a 1031 exchange intermediary instead of a 1031 company? If yes, please share your overall experience, fees, etc...