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My brother had put a lot in my name without my consent via quit claim deed. It's a small lot about 3000 square feet in Hyde Park in south Chicago. I had contacted an attorney because I had wanted to get the deed nul...
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Hi,I am considering selling a rental property in Texas subject-to and owner financing the equity (120k) but concerned how that will effect my DTI. My current loan will be paid by buyer and then buyer will pay me month...
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What borrowers say……..And What they really mean
I’m not going to pay any upfront fees………….I won’t pay for an appraisal, title report, survey, accountant to prepare financials or anything else required to have ev...
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I haven't found much direct info on the benefits of investing in properties located in states like Texas, Washington, and Nevada. I assume there must be positives even though I am a resident of CA.Would REI in these t...
My husband and I just purchased a condo in Mexico with our Self Directed IRA. We created a 50/50 partnership LLC to do this. I'm looking for a CPA to help guide us so that I make sure to keep the correct records for e...
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BP, I am looking to do private financing on a tax delinquent property.. I am looking for any advice, and explanation on promissory note.
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As in most of the country the real estate in my area is going crazy! When interest rates rise, prices have got to fall. Right now in my market area people are offering $50K - $100K over asking and waiving all conting...
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I own a property in Houston area code 77009, and the total property taxes for 2020 were $7,774.04.However, my lender added a NEW additional tax for 2021 adding $5,574 to my tax obligations as shown below:When I look a...
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Due to personal circumstance I moved out of my house that I had just refinanced and got an apartment. My ex wife and son were living there. A family that we knew were looking for a house to rent in the area so long st...
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Hi Guys,I'm in talks with a seller to purchase an 18-unit high quality apartment complex. The only issue stopping the deal is that the seller does not want to pay the tax obligation on their long-term capital gains. ...