Hi everyone!I would love some advice. I am currently looking at this land for sale in Los Angeles (specifically in the City of Commerce). I found it on Loop Net and it is listed by Kidder Mathews. My boss is intereste...
Hi Everyone,I'm considering buying my first home as a new-build and was wondering if there was anything I should watch out for if I plan to turn it into a rental one day. I can see myself renting it out at some point....
FHA loans are amazing for getting a low-interest mortgage and low down-payment. However, these loans are designed for first time home buyers and were not necessarily meant to be used multiple times.That said, what qua...
We own a 3 unit building in Chicago. Do we need to keep security deposits in a separate bank account? Any information I see on the matter only references larger properties. Just wondering if there are any rules smalle...
If I participate in syndication deals and own real estate, can losses from one be used against the other? For example, if I receive a $50,000 loss from a syndication through a cost segregation study and bonus depreca...
Tenant has requested that I provide rollers under appliances (stove, W/D) so she can move them to clean under and behind them. Claims was not clean when she moved in. I said that appliances are not normally put onto ...
Hi Everyone!I've been doing some research, and landed on a question that I don't know the answer to. It is clear that an FHA 203(k) loan can be used to purchase a mixed use property under the following conditions:1. N...
I heard from one lender saying that they would not provide loan for a duplex zoned as C-2B. Is that common?
And any reason for that?Any lender who does not have that restriction?
Hey all, I am looking at a park that has a legal non-conforming designation. The reason being lot size. Minimum required is 20,000sq/ft per home as of 2001. Nearly half an acre. The park was finished in the late n...
Investment Info:
Single-family residence fix & flip investment in Riverside.
Purchase price: $240,000
Cash invested: $308,000
Sale price: $367,000
Welcome to the Tyler Beauty Project in River...