Mit Mehta
Should I register as LLC or S-Corp for rehab business?
Hi Guys!I am just starting to get into real estate! I will borrowing private money to flip houses. I want to register my business (in NJ) but I am confused which entity I should register under, LLC or S-Corp or any ot...
Paul Staszel
NO GUNS ALLOWED!!! sticker... should I put it up or not?
Concealed carry and gun laws are becoming growing topics. With that being said, should a landlord of a multifamily unit (5 plus units) make his/her building a Gun Free Zone (if the state law permits)? Should the lan...
Bao Da
Loan for a 2-family residential property zoned as commercial
I heard from one lender saying that they would not provide loan for a duplex zoned as C-2B. Is that common?
And any reason for that?Any lender who does not have that restriction?
Larry T.
Applicant reference check
Hello,
If an applicant put down a specific name as their supervisor, and I know that the manager over all the staff is another person, who I know for different unrelated reasons, is it legal for me to contact that ma...
Sandra Cressey
Florida law on condo rules for rentals
I was reviewing the condo rules for a condo I am planning to buy as an investment, and it says that owners are not allowed to rent units to tenants with children under the age of 18. Basically, no minor children of ...
Tarica Davis
Looking for CPA versed in STR Arbitrage in upstate NY
Good evening,I am writing in search of a CPA local to Rochester NY who is well versed in the strategies of wholesaling, STR, STR Arbitrage and Subject To deals. I would love to get any information available from anyon...
Frank S.
Quitclaim Deed After Short Sale in Illinois
Hello,Before reaching out to an attorney, I would like some feedback, please.About two months ago we purchased a short sale in Illinois. This was a cash transaction. We updated the unit - mostly cosmetic, rented it, a...
Michael Porche
Short-term rentals in markets with restrictions
Short-term rentals can be a great investment, but only if you invest in markets with high restrictions. Choosing markets that have tight regulations on short-term rentals would mean that there is a higher demand for t...
Benjamin Cowles
Non-exclusive option contract to gain equitable interest?
Would it be a good strategy to propose a non-exclusive option contract just to get equitable interest in order to legally attempt to sell a property while not tying up the seller? Its seems like a no-brainer to me but...
Benjamin Z. Pickens
Is this the gist of Tranaactional Financing.
Can someone clear this up for me or confirm my understanding? Is this how transactional funding works: 1. Secure a contract for $50k. 2. Secure Transactional funding at say 2%3. Secure buyer (not sure how to do this i...