Troy Michaels
QUESTIONS ABOUT CLOSING DOCUMENTS
got a couple questions about closing documents used when you do wholesaling. lets use a example of a deal where you wholesale a "for sale by owner home", not a double closing, but a straight assignment. what closing f...
Josh Wickboldt
Primary residence loan rule for occupancy?
I am working with a lender and trying to pull some cash out of my primary home, which is a triplex that I house hack. I am deciding between cash out refinance and a HELOC. One lender tells my for their cash out refi...
Adam Summers
Complex Closing on Foreclosure
I recently won an auction on a popular foreclosure auction website. The house that I won sits on two lots. The majority of the house is on the primary lot but the attached garage and part of the basement extend into...
Fabian Martinez
Unlawful detainer attorney in Riverside California
Good afternoon everyone i have a interesting dilemma. 9 months ago mistakenly blindfolded I lease to a troublemaker couple that have brought nothing but nuisance. i needs guidance or attorney recommendations whom can ...
Pedro Alves
Intro to BP + Weighing alternatives on first deal (BRRR)
Hi BP!
I'm a new member on the platform as I am to REI at a whole. I've been digesting as much content (books, blog posts, forums, webinars, podcasts, etc.) as possible in the past few months, and firstly just want ...
Eric Vasilopoulos
Section 8 Bedroom count Error
Hi all,I recently acquired a property with a Section 8 tenant in a 3 bedroom apartment. Apparently, Section 8 has this unit mistakenly as a 2 bedroom and I need to make the correction. How do I go upon doing that?I ca...
Ryan H.
RMD's as Qualifying Income
Hello, I'm beginning to explore purchasing my first property with loan financing. I do not have much employment income, but I do receive Required Minimum Distribution (RMD) income from an inherited IRA account (from ...
Bob Asad
Can You Resell a Seller Financed Land or Property?
Does anyone have experience with reselling a seller financed land or property? (Is this legal?)For example, let's say you get a 10 acre vacant land for $100k but have it seller financed, so it's $10k down and $1k/mo f...
Jonathan Bell
Multi family investment groups
I’m a young college kid, and I’m looking to really get into multi family. I’ve researched Multifamily, but I haven’t really looked into any groups. I want to be around and have access to individuals who are doing what...
Jack B.
Cash out refinance on rental: is the interest deduction reduced?
Let's say I have a rental property. I do a cash out refinance and don't reinvest the money I pulled out. Does that mean that I can no longer deduct the full interest on the rental property mortgage? I know the dollar ...