Terry Portier
Foreclosure Due Diligence Q & A
In looking at a bank owned REOs, courthouse steps or online auctions like auction.com, HUD, etc, or just wanting to understand basic REI principles, please provide some insight and correct me if I am wrong so far.
1...
Courtney Tinnin
New Mexico - Apartment Complex
Hi,
I am interested in purchasing an 8-unit apartment complex from a gentleman here in Albuquerque, NM . The problem is, right now, he is only interested in selling 2-4 of the units. Because all of the units are l...
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I am thinking about investing in a Condo-Hotel
Close to where I live, there are quite a few condo hotels and it seems like people have done well with them. Although the revenue isn't that great, if you get a good location, and a good management company behind it (...
Doug M.
New to the Game - Getting Started
Hello All,My mother-in-law and I have been discussing working together on real estate investments for a few years. She's getting close to retirement and wants to get her feet wet now so she has something to keep her b...
Account Closed
Please correct me (Rate/Term and Partnership Question)
Background: The private equity who is lending me the money to do the deal is actually an equity partner. He is bringing all the money. However to get the Rate/Term loan without the seasoning period, he will be in the...
David Wilson
Too many investment prop loans
Years ago after a divorce and losing my own home, I began investing in real estate, both apts and single family homes. Since I was single, I rented and lived very simply. Now things have changed and I'd like to buy ...
Abigail Long
Purchasing family home/add to title/multi family
Hi all,
Look for some advice. I’m active duty military and my parents have had a home here in Hawaii for 30 years.
They currently owe roughly $260k on it. And, it was appraised for over $650k. It’s a single family h...
Laura Renardo
Tax advice for partnership
Hi,
I'm looking for a CPA to give advice on a tax situation in the southwest suburbs of Chicago. I don't know where to look to find the answer to this specific situation: I have partners with an inherited home. They ...
Lisa Shankus
Are anonymity and self management possible?
I close on my first SFH next week. The property came tenant occupied. There are two individuals renting rooms. I determined through a Google search that both tenants have violent criminal records so I would prefer to ...
Menachem Hodakov
First deal with a partnership
Hi, hope everyone is doing well. Would love some advice. I have a couple properties I am interested in purchasing with a partner. We are willing to split the down payment and go equal 50/50, but the thing is he has th...