I live in a condo association with a total of 70 units, a majority owned by investors who rent the units out with about 20% give or take being like myself that own and live here. The complex has a lot of deferred main...
Anybody ever lent a small chunk of money (~10k) to a HML Lender who in return will combine smaller loans and lend as a HM loan in 1st position.
What are the drawbacks? I can imagine that there is little to no protecti...
Hello. I am looking for a legal advice. I own a multi unit property (North side of Chicago). My new tenant is scheduled to move in on November 1st. They have a signed lease from me which, unfortunately, I emailed th...
The main strategy behind BRRRR as I understand it is if done correctly you can recover your original investment with a refi and go do it again (repeat).
When you analyze a property do you include your reserve fund (f...
This is by no means all of the guidelines..... Just some basics. This past month FHA has gotten much more strict and fine tuned their guidelines. Single Family Residence or The rental units are an owner-occupied two (...
Can someone explain the details of a solo 401k? Points I am curious about:-Can you have a Solo 401k and a corporate 401k if you are still employeed?-Is the Solo 401k the same thing as a self directed IRA? (except for ...
Where can one obtain a directory of individuals who have applications for grant money for raising capital for doing deals in real estate. I remember as a traditional student in business the Gale publications allowed p...
Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
Hey everyone! I searched everywhere but couldn't find a sufficient answer. Hopefully someone here has some good marketing and legal knowledge. I'm starting to generate some revenue from a few deals and want to direct...
I am seeking a relatively small loan to purchase my first rehab property in over 15 years. I currently own a 2 family house, however the equity is not sufficient to cash out as I have only owned it for a year. The tot...