I'm in the process of refinancing my owner occupied duplex. I purchased this out of state in Cleveland OH, and moved in one units because I work from home. I reached out to a local lender to refi after living for for ...
I searched but didn't find much on this topic. As some background, I have been speaking with a commercial lender for 6 weeks (which is ridiculous) and waiting for feedback from underwriting on my global cash flow so I...
As a new real estate investor, I recently bought a SFH and hired a PM company to handle it. I'm wondering if it's common for PMs to provide detailed receipts for each project, and if it's reasonable to request them. I...
Hello BP Friends, Can we do a 1031 exchange on an investment property we bought 9 months ago? Is there a tax implication? What are the things we should be aware of when performing a 1031 exchange? Please educate.
So I'm under contract for two different properties that each have separate sellers (both parties unrelated completely). Since one property falls below conventional loan minimums (75k is usually what I see as a min) an...
How goes it?!My hubby and I just closed on our first investment property that we intend to deploy as a STR. I have been doing some research on smart locks that are integrated with the major platforms. A few, listed be...
The seller for a 12 unit complex I’m looking at has been refusing to provide detailed financials. They sent a flier with high level figures but the numbers don’t look right. This is student housing and sell says the m...
After evaluating deals and having a shortlist of 3-5 that could potentially work. What is the process like or when is it appropriate to have a general contractor go out and give me the cost of the Rehab? I want to r...
In Oklahoma for a breach of contract other than rent do you have to give a 10 day notice and they can be evicted if not remedied on the 15th day? Can someone clarify #28 on the OK real estate commission residential le...
Honchariw v. FJM Priv. Mortg. Fund, LLC, 2022 WL 4544812 (Cal. Ct. App. Sept. 29, 2022)
I thought I'd post a link to this recent CA decision. While it was decided by a CA court I wouldn't be surprised if the rationa...