I’m planning on buying a house (under contract now) doing the major repairs and renting it out to a coworker who will be accepting the house in livable condition but who wants to paint interior (which it needs despera...

All, I've been poring over the numbers for a park just north of Rochester, MN and would like some other perspectives.  The park is Oronoco Estates, and I'm guessing a few of you have looked this one over already.  I l...

Hi there, I am looking for my first House Hacking investment and planning to use an FHA loan, I am currently located in Chicago, IL.
Question 1: Can I apply for FHA under my name, live in one unit and then, rent th...

The seller is doing a 1031 on a property I'm buying. Can he do seller financing on a part of the purchase and still do the 1031 with the cash received? Is the note balance considered boot?

Hi, one of my rentals had fire damage and is insured through Allstate. They were great with the process so far and have a check ready for me, but they said since I have a mortgage on the property they send a check wit...

Hi all, I put an offer in on a 1968 Duplex in North Texas. Plenty of upside and potential for rents to go up with rehabs required on both sides. Offer was accepted and I went under contract. Idea here is FHA loan, li...

I have, in many ways, a great tenant. They've been renting for 3 years and have never even had a late payment. It's a mid-range property in my area ($1,200/mo.) and I'm really lucky to not have a vacancy for this long...

Hi so I'm from California and investing in So. Florida.  I was by default going to set up a Florida based LLC with my partner.This is a buy and hold, rental income property.How would you go about setting up an entity ...

Wells Fargo Denied a Short sale that I was working on because they said the buyer is using Transactional Funding. They said he is an investor and is Flipping, so they will not do the short sale. Anyone have any input ...

I'm about to buy a property that is a short sale. My question is that I'm still debating whether or not to buy and hold or to flip the home. I already have the math figured out on both ideas, but my question is...