Michael Kotyk
Quicken loans will not re-finance
I made an inquiry with Quicken loans online. I was surprised to hear that they will not refinance until 6 months after the initial all cash purchase. This is the first inquiry I made because I am preparing to start i...
Jay Charles
Placing House back into LLC
Hello, So, I have a rental property that I want to place in my LLC however my mortgage has a due at sales clause. Is there a way to place my property in my LLC without triggering a due at sales clause?
Laura Levine
Need advice for refinancing out of a 5/1 ARM in NJ
Good morning! My husband and I bought a fixer upper duplex in 8/14 with a 5% down FHA 5/1ARM at 3.75% (we are living in one unit). We did a massive reno on it and should now have the 20% equity needed to refinance a...
Joshua King
ABC deal. I'm C. Do lenders typically finance the wholesaler fee?
Hey guys,I'm close to closing on a deal (tried to close Friday but this issue moved us to Wednesday) and have a question.The house in question is a single family rental with a tenant in place. Good payment history, sl...
Paul Begich
Where There's a Will, There's a Way
Investment Info:
Large multi-family (5+ units) buy & hold investment in Minneapolis.
Purchase price: $810,000
I'm a big believer where there's a will, there's a way.
My girlfriend and partner, Emily...
Nicholas Marinos
PPP for investment property mortgage interest
Hello everyone I'm having a hard time finding out online (and here) if I can forgive part of my PPP loan for a few SFR investment rental properties mortgage interest? They are still under hard money lending, acquired...
Matthew Tyer
Can I write off a loss on a house flip?
Let me start out by saying, this is my first investment property and I have learned a lot about the whole process. I bought it this year and originally I wanted to do the BRRRR method on it but now I just want to get ...
Aiyman Khan
300k equity how and when to start
Hi I have just started my career in real estate investment and also just got my real estate license. I currently live in the NE Atlanta region, and have an equity of 300k, and am more interested in fix and flip to get...
Joe Sadusky
Tax question for off market sale (wholesale)
Hey Guys! I have a tax related question for an off-market deal that I am about to get under contract. Quick rundown of the situation:Client is living in a property that was purchased by his sister in 2002. She bought...
Carmelo Pollicina
Changing deed from LLC to personal back to LLC to get financing
Duplex in Delaware currently in an LLC, but the owner of the LLC is a holding company. My wife and I are the only members of the holding company. We want to refinance in our own names, then transfer it back to the cur...