Looking for a RMLO in San Antonio to set up owner financing loan, can anyone reco one?Also, if someone can provide input on going owner finance terms that would be great. I initially offered 10% down and 10% interest...
Hi all. I've had a 2 family house for 24 years. My father lived in one half until a year ago when he got sick and went in a nursing home. Never had to really deal with renters before. He paid his own bills and I h...
If my brother and I hypothetically invested in an income producing property together, would only one of us be able to claim material participation in order to allow us to use bonus depreciation to offset our active in...
Questions for wholesalers,I'm looking at buying my first property from a wholesaler and asked her if she would like to meet up and discuss seeing as it's my first property and I have lots of questions.She immediately ...
Hi guys,Are there any specific legal structures recommended ? I heard from my accountant about a 2 level holding model.Anyone familiar with that?thanks!
Since it's ideal to approve a rental applicant with income 3 times the rent, I wonder if combined income of multiple applicants over 18 who will be living in the unit qualifies this requirement? Or is it best to have...
Hello,We have a difficult tenant whose lease we did not renew. She was just trying to create trouble by filing complaint to Fair Housing for discrimination. We got enough evidence for that.Now she took a property ma...
I had signed a contract for a single unit family/town home back in December of 2021. Due to multiple delays, the property is only ready now. It appears the contract did not have an end date or any contingencies that p...
I recently purchased a building with one bedroom apartment so am asking this question hypothetically so that I can approach it correctly if it ever comes up in my screening.Can you reject an applicant applying for a o...
Hello BP,I am considering putting a offer on a two family home in Monmouth county , NJ. I will not live there just rent for income. I was told by someone that the town has the right to deny the new owner a certificat...