Brandon Sturgill
Reselling a HUD home prior to 12 month occupancy period
I recently bought a HUD home with the intent or reselling within a year. The rationale for buying the house was to "ease" into rehab and reselling property while working a full-time job, and to allow my kids to finish...
Anthony Espinal
Denying potential tenants (NYC)
Hi, I’m new to “legit” landlording and I’ve been reading through The managing rentals book. I do have a question that doesn’t seem too clear to me in the book. Does every potential tenant go through the full applicati...
Stuart Goodman
Weird refi issue - has anyone seen this?
My wife is in the middle of refinancing a property under her name, and we just hit a snag. The underwriters kicked it back saying she could only claim half of the rental income of the property because we filed taxes ...
Edward Skirvin
Taxes. Is it really this hard?
As a bit of history, my friend and I created an LLC to purchase rental properties in 2017, but didn't buy our first property until March 2018. We're having everything deposited to a business checking account in our LL...
Josh Chamois
Who has the best rates for HELOC's, Banks or Credit Unions?
Hi All,I'm looking into getting a HELOC to help jump-start my RE investing career. Is it better to use a Bank or Credit Union?Thanks!
Leticia Wright
NDA Issue/Investor Is Violating NDA TERMS
Good morning, I'm curious about an issue that I'm having. I have been bird dogging for an investors for sometime now, and I have sent them multiple deals. None of the deals has ever closed before. I finally found a pr...
Peter Schiff
Feedback on harsh mortgage terms
I have received a mortgage offer with the wording of covenants and default looking very harsh. Can you share you opinion on what you think about these? --------------
10. Borrower covenants and agrees with Lender tha...
Ken Sanders
Undercharged on HUD - 3 Weeks Later I'm Responsible???
I closed on a house about a month ago. Yesterday I received a call from my Title Company saying I need to write them a check for $10k. I went back and took a look at the HUD sheet and it appears that they wrote my dep...
Raul Chavez
Sales process for following up on probate opportunities
I’m Interested in learning new and different strategies for approaching probate opportunities. I’m referring to the marketing side. Do you call first? Send a mailer? Text? Just curious. Also, what is the best way to o...
Christopher V.
First time being a landlord, rate my process
Good morning all,I believe I’m finally ready to list my first property today which is a townhouse located in Hoffman Estates, IL (Cook County). I’ll be using Cozy to help me out. I’ve been doing some research using th...