Hello everyone. I was so close in investing in my first investment property. I was approved for 400k. Due to Texas being a community property state and adding my wife on I was denied. It sucks how this works. Now I ha...
I have a private money lender who has offered to fund my deal and wants me to draft the contract. I am looking for a sample contract that is fair to both parties to use as a starting point to draft one specific to ou...
Hello!Quick background on myself, I'm 39 years old, a residential contractor of 20 years. I currently own 1 investment property which I purchased in 2005, it cashflows $600mo. I have opened a separate llc. for aquiri...
I am currently working on negotiating an off market deal purchasing a SFH from a colleague in Minneapolis.
In order to discount the price we are working without a buyers agent and just have a facilitator to do the p...
I'm in the process of getting a 30 year fixed loan, then doing a wrap around mortgage to a buyer. The problem is that the lender is requesting insurance, and apparently, according to my attorney, after I do the wr...
I got pre approved for an FHA loan and found a 4 unit building in my price range that I would like to house-hack living in one unit and renting out the other three, however due to old wiring that would need replaced m...
Hi everyone,So I got my first listing, I'm in NYC, and the property is in Newburgh, NY, I've teamed up with a realtor over there to show the property and to also help locate a buyer. But basically the seller reached o...
Have you started a hard money lending business or lent private money? How did you structure your business to deal with filing with the SEC and complying with Dodd-Frank? Start up costs and things to consider?
I have a situation where I am the guarantor of the lease but my roommate is not paying the rent this month and wants to leave early what are my options as far as going after them?
Hello, a lot has been written about the "STR Loophole". My situation is that my STR averages less than 7 days, I have material non-passive participation, so that I qualify for the "loophole". I do not provide substa...