George P.
NOI and CAP rate during the first year
As a landlord, I understand what those acronyms stand for and how to calculate them, but i am having difficulty understanding how to apply them during the initial stages (i.e. the first 1-2 years).
Here's what i mean...
Francine Geike
Divorced low income assume loan of home selling investment property
Hi, new here..recently divorced. Awarded the investment property(cabin) with no mortgage and home with $155000 mortgage. Would like to 1031 the cabin and assume loan on house but my monthly income is child support $11...
Michelle Burgstaler
Refinance to pay off credit card debt - what's the best option?
I’m hoping someone can give me some sound advice. I have $24m in credit card debt, my husband has $0. I am trying to figure out the best option for eliminating the CC debt, plus having a little left over to help our s...
Sunday Akin
Buy a Cleveland OH property with delinquent taxes at a low price?
Hello there,I need the advice of those who are well experienced, especially with Cleveland, Ohio properties:I am currently doing my due diligence on a deal of 4-Unit Brick Apartment Building that brings in roughly $20...
Anthony Alexander
1031 exchange minimum value?
Hello,I want to sell a SFR in a 1031 exchange to put towards a 12 unit CMFR and finance the rest. A conservative estimate for the value brought to the exchange is only about 150k after paying off the existing debt and...
Orhi Tahi
What are the best ways to assume someones loan ?
Hey all,What are the best ways to assume someones loan ?For example, if someone is at foreclosure can I assume that loan if its FHA or VA ?What other creative options do you have in mind to find assumable loan ?Orhi
Jeremy Namen
Is a buyer that is named on the purchase agreement / sales contract to be the owner of the property when closed and titled?
Sounds like a moronic question but I have a deal in which my lender required myself and another one of their customers(former biz part) to form a sales contract on a property that i wanted personally. The sales contra...
Matthew Teifke
Assuming a mortgage
I recently assumed a mortgage with build in equity. I'm planning to turn around and sell this property and I'm curious as to what my cost basis would be for taxing purposes. Just to make this simple. I paid $30 k to g...
Pa Z.
Doing Assignment/Sub2 When Buyer Has IRS Lien
We are looking forward to getting involved with assignments and sub2 deals - my brother and I.
However, my brother has a $15,000 unresolved IRS lien against him and his ex-wife. Won't that be a problem with a sub2 i...
Roy H.
Public utility lean?
Hey everyone... I'm a long-time registered user, but not too active in regards to posting.
I have no idea which forum this topic should be started in... so I apologize if this should be in another forum.
I purchased...