We have an accepted offer on a place that was occupied in 1 unit, the other unit empty. After the accepted offer, before closing, the current owner signed a new 1-year lease through October 2019 at an under-market rat...
Hi all, new to REI and Orange County. I've been renting for 6 months now and have started to get curious about buying property as my medical training will lock me in to SoCal until ~2026 anyways. Not being from the ar...
Hi guys,So I am buying part of the property (the other part my boyfriend will own).If later on I will decide to sell my portion to him, lets say for a bigger amount of money than I purchased it for, will he have to pa...
I am about to begin the process of acquiring investment properties with the intention of using the BRRRR method. Finding financing and deals is not the area where I'm struggling getting started the most, but it's whet...
A client of mine is purchasing a unit in a building that is NOT a Condo, rather a Co-Op. I want to give him a loan, but am not sure of how the dynamics work for securing a lien on the property. Has anyone received a h...
Hi everyone, just completed the long approval process for a duplex in New Jersey- FHA 3 1/2 % down, the amount to be financed was 211,000. Was about to go to closing, the mortgage company told me they couldn't ...
I recently listed one of my rentals about a week ago. I’ve recieved 26 applications so I know my price is right. The reason I have not chosen someone is because the previous tenant really left my property in bad shape...
Hey! I'd love to discuss the Chicago economy, and how it is going to effect the real estate market. I believe we are in a period of slow national growth for the next couple years, but that doesn't mean certain areas...
Need some help. Tell me if I'm forcing this to work. Both of these strategies are ones we have not used in the past.
Med-low income neighborhood, houses are taking 30-90 days to sell.
1700sq ft
To sell owner financ...
My wife and I own a property. We plan to do 1031. My plan: we form an LLC. We sell the property to the LLC. Then LLC do the whole 1031 -- sell and buy another property, so that we can use llc to protect the re...