I hear many lenders require the borrower to pre sign a quit Claim deed when they fund the loan.. with the proviso if the loan goes 30 days delinquent that the lender will just file the QC and wipe out the borrower wi...
I have rental properties in my name due to the mortgage. The lender stated not to transfer the title. Ok. If I need to file any court cases, evictions, etc., is there any way to file under another entity versus using ...
Hello,I'm setting up my LLC to buy and hold a property and I'm not too sure how finance this as a business. I don't know what type of loan I should use. Do I use a start up business loan and purchase the property with...
Hello everyone. I have real property which is mortgage free and want to transfer into a LLC for asset protection. I am drafting the Operating Agreement and have been doing some research. However, one thing that I ca...
I'm looking for that house to hack! As I'm utilizing the BP calculators, especially the rental and mortgage calculators, I'm curious how to properly assess the annual taxes and insurance when running the numbers. I ha...
Are there creative ways to get help with a down payment on an fha for a multi family?
Looks like there is a class at CSU Fullerton. For ten long years I've wondered what to do with those last two of college, and this seems like a good idea as the re bug has bitten hard.
What jobs (besides the obvious...
I am about to acquire a property through seller financing. Before I closed or got the property under contract I was going to see if there was any advice or things to do/not do to make a seller financing deal go as smo...
I have an extremely interesting situation in front of me. I found a home that is pre-forclosure and set to sell at auction in 10 days. I have contacted the home owner and found that he is 6 months behind on his mortga...
Looking to buy a SFR and either flip or BRRRR it. I have 30k cash.
Purchase price: 75k with 20% conventional loan + 5k closing costs. So around 19k out of my pocket for purchase.
I would take out the loan and he wou...