Blake Piedrahita
Best way to transfer property ownership during break-up
Hello, my long term girlfriend and I are breaking up (for reasons I don't want to get into here). We currently live in a house-hack duplex, but we purchased it under her name so we could take advantage of a first tim...
Marquise Lee
Need financing assistance
Hi All, I'm in need of assistance with the best way to approach financing for a large home that is zoned residential (RSA-5) in Philadelphia. My original lender rejected the deal because for the last 50 years the home...
Jabri Carter
Registering my business
i only plan on doing a few wholesale deals just to make extra cash but i have read that i should register for a business name (& LLC) is this necessary if i only plan on doing one or two deals every few months. Is...
Nigel Dixon
are these loan terms bad or good?
I have been recently using some private money with the terms as following:5 Year Interest Only with ballon payment due at end of loanNo prepayment PenaltiesWill Loan up to 70% of the appraised value of the homeNo Cred...
James Palassis
Deducting Expenses Before First Purchase
I am planning on purchasing my first rental property within the next 6-8 months. Right now I am leaning on purchasing in my name without going the LLC route at this time. My question is... since I will incur expenses ...
Account Closed
Can you wholesale/assign a REO property to cash buyer?
If so, what are some things that might trip up a newbie? What if I have found a REO and have a buyer in mind that is intending to use a hard money lender. Do those work too?
Daniel Pereyda
Is Mortgage Insurance necessary?
I finally have my first property under contract. Do I need to purchase mortgage insurance for this property?
Chris A.
Tenant withholding necessary repairs
I have a tenant (2 adults, 2 children, 1 dog and 1 car). So they have been living in this 3 bedroom 1 bath home for exactly one year. 2 weeks ago the tenant texted me saying they want to renew the lease for another ye...
Brian Stone
Is a mentor necessary?
This is a topic from another thread I created, but is it absolutely necessary to have a mentor?? Other people do it without a mentor, I think I can too. The mentor I have chosen wants $500 a month for 6 months, for ...
Caden Bradbury
Is an eviction necessary?
When is an eviction necessary? For example: when a one year contract is over and I wish to not renew with the tenant can I simply just tell them or do I need an eviction?What if the tenant does not leave after I don’t...