When using Conventional or Government Backed Financing, at what point do you safely move the property to a land trust/llc without triggering due on sale clause.Share your experience.
Apologize in advance for long-winded post but am feeling a little robbed and looking for guidance. I am currently involved in a dispute with my HOA over past-due payments. A little over a year ago I reached out to t...
we are purchasing a 16 door unit. Received loan docs and there are the following conditions. Wondering if this is normal as its our first commercial loan. Provide yearly tax returnsProvide leases and tenants informa...
I have a contract with a Bank to buy an REO condo in Florida near Boca Raton. It will be a second home, I am paying cash, $100,000. I have bought and sold more than 200 properties in my life, about 60 of those have be...
So, you've formed a new LLC, gotten a new EIN number...now what? Can you now, at this point (even though you haven't yet sold anything in your business) apply for and receive substantial amounts business credit for t...
Hi all. The title is pretty self explanatory. I have a renter who signed a lease last week. Paid deposit and first months rent. Didn’t move in. Now he wants out of the lease and wants their money back. According to hi...
I received a letter from rsdoctrack.com stating that my second mortgage note was mistakenly recorded first by the county in 9/2002 and would like to sign a subordination agreement to make their first a first again. My...
I have already completed one 1031 exchange this year, and in the middle of another exchange. The issue that I have is how to precisely record the exchange in Quickbooks 2015. Since the premise is that there is no fina...
I'm trying to finalize a purchase but underwriting is not accepting my profit/loss statement and says it has to be certified by a licenced CPA. I need a CPA who can get me a quick turnaround. This would be for 2020 a...
As jobs disappear and unemployment claims mount, it begs the question: What will happen to tenants and landlords when the moratorium lifts?
A lot of possible problems come from the fact that many people do not know w...