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If you have a owner occupied homesteaded duplex in Texas , and you have rental income from one side , can a creditor do a forced sale on the homesteaded duplex ? Zoning and taxes are one thing. However this is an in...
Hey folks,
First and foremost, I have been a lurker for about a year now to these forums and have valued everybody's take on real estate. Thank you all!
I however have came across a problem with an heir (PR) who's ...
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I was wondering if anyone could tell me which process is the most harmful to your credit, Deed in Lieu of Foreclosure or a short sale?
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When screening prospective tenants, specifically students in this case, what are your acceptance requirements for credit checks and 3x monthly income? Acceptable criteria is fairly straightforward when it comes to pa...
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HiI am planning on purchasing properties in Pittsburgh PA and Burlington AL.Do I need to open an LLC in both states? If I only open in one State can I purchase in another State? Will I incure higher taxes in that case...
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My wife and I are looking for a way to preemptively protect our personal home from outside personal creditors (we have no creditors or obligations now) . GA has a weak homestead exemption and we have a lot of equity i...
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I ran across this commentary on Dodd Frank and how it affects owner finance from a RMLO in a linkedin group. Just thought I would post it for discussion. Thanks. https://www.linkedin.com/grp/post/8307186-6015099201514...
Hi, I'm a new investor interested in purchasing notes secured by real estate and am investigating state-by-state laws regarding the buying, selling and servicing of notes. I spoke today with a compliance investigat...
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Talked to an attorney yesterday (large downtown firm) about forming an LLC(s). She said you have to maintain it by having meetings, writing resolutions about decisions and keeping minutes. Really? By myself? How do yo...
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Hey, I posted this in the innovative strategies forum but didnt get any bites. I tried to get it moved here but no luck, so, sorry for double posting.
One benefit that we talk about when selling a seller on the idea...