I'm trying to find a happy medium. This is for a rental house that doesn't have termites--yet. The termite bonds with annual fees seem like kind of a ripoff, and I don't know if the 50% rule accounts for them or not....
Hello, my name is Julian. I am a licensed realtor based in Atlanta, Georgia, and I am currently working on obtaining my mortgage origination license. I am 14 hours into the 20-hour online course offered by "RealEstate...
Hello BP,I've never dealt with a situation like this before, so I could really use the expertise of the BP community. This is a lot of information and questions for one thread, so I'll try to break it up using bullet...
I am an real estate agent and investor in CA. Me and my wife have bought a condo and used as our primary residence from 2016 to May 2021.
We rented the house out to tenants in May 2021.
In July 2022, we transferred ...
Ok, this is one thing that I didn't expect. I have a 4 unit in Tucson, AZ under contract and had it inspected last Tuesday. The 4 plex is two separate duplex buildings on a single parcel. All of the units have their o...
I've heard that some states treat lease-option buyers like lease-purchase buyers, such that the contracts must be foreclosed to be broken, if the tenant-buyer does not perform on the lease. Does anyone know how lease...
In Texas, is it possible to refi out (75%) a single family home that is bought with our LLC?
Hello everyone,I've been dabbling in RVM for the past few days and it has really caught my interest. Got a few hits from a very small campaign that was sent out. I was wondering if anyone could share their experiences...
Hello BP,So here is my situation:I bought a REO in January 2019 with the intention of renting it out for a little over a year and then selling it. Long story short, my tenants only lasted from February till June and t...
I've seen a few notes now that are for sale and indicate the borrower is either filing chapter 13 or 7.
I'm assuming that a chapter 13 is similar to the lender just modifying the loan ? Meaning making it more finan...