Joaquin Caballero
C buyer agent requesting HUD1's for lender
I have an agent for a C buyer on one of my short sales that is adament that NO lender in the world will lend their clients (C buyers) the money to buy a property from my LLC, if my LLC has not had vested title for at ...
Daniel C.
Tax implications for husband/wife starting in rentals
My wife and I are finally getting started with rental properties after months of research and a lot of property hunting. We're going into contract on two duplexes, with one in her name, and one in mine, for financing ...
Kevon Reid
Do you need an LLC before or after your first property.
As a newbie investor interested in buy and hold properties. Should I get a LLC before I get my first property? If no, when or what is the threshold when a LLC is needed?
Mende Cukalevski
First Rental Property Purchase
Hello, This is my first post here. I am new to real estate investing and looking to purchase my first investment property located in Central New York looking to purchase a 4 bds 2 baths 1850 sqft. Asking price $149k h...
Brock Carroll
RE Attorney Question/Help
Looking for some input here - I recently purchased my first two deals, one is a 4 plex I put on a traditional mortgage and the other being a SFH I bought with cash and flipped. I used a RE attorney to help put togethe...
Bienes Raices
Confused about foreclosure "freezes" by BofA, etc.
I was under the impression that the "freeze" by numerous large banks would affect preforeclosures, delaying them from going to auction until the paperwork is re-checked. But then I heard on news radio that would-be ow...
Adrian Clapp
Dallas considers restricting home sales for real estate investors
DALLAS - The city of Dallas may consider limiting the number of homes real estate investors can buy.
The move would aim to tackle the rising home prices across the DFW area.Median home prices in North Texas jumped 22...
Scott Schultz
Reverse Mortgage Sheriff Sale
I was the successful bidder on a Sheriff Sale for $48K, value around $100K the foreclosing entity is Carrington Mortgage, its a federally insured Reverse mortgage, and they record the originating mortgage, and FHA rec...
Mathias Kwadi
Potential Tenants Request A Month Wait To Lease Them Unit
I’ve got a middle aged couple who want to rent my 2 bed 2 bath, 900/ month in McAllen Texas. However, they’re requesting I hold the unit for them for a month! Any suggestions, how to proceed? it’s my first time dea...
Tony Zhang
Submit application, never pay security deposit
Hello,I have a property for rent and has few applicants that submitted the application and been approved, but they never paid for the reservation fee (security deposit). Is there any reason why they not paying to movi...