If I want to continue to live in my primary residence AND now rent out a portion of it to a renter, am I able to do so? Would I have to inform the lender? Can I then treat my property as an investment/income propert...
Selling @ $500kLender providing $490kCan the remaining $10k be carried by seller?If so, should it be a separate contract? Should it be outside of current escrow? Should the $10k loan be a lien on the house?
Hi,I'm getting ready to rent a duplex to a Section 8 tenant and I have 2 prospective tenants. They both have vouchers and I wanted to ask them what portion of the rent they are responsible for. The rent is $1,800 an...
I am interested in the BRRRR method. I do not have a property lined up yet and thats because I want to understand the method as best as I can before jumping in.The part of BRRRR that I would like to learn more about i...
Good morning Has anyone ever bought a portion of neighbor's lot in general and in CA in particular? What are the processes involved and where to start?
Hi all, I just took my real estate exam for Washington state and passed the national portion only. I have been looking for study material to pass the state portion but have had no luck finding anything that would help...
Hi all,I've been advised to add a clause in my lease stipulating that tenants pay for a portion of repairs. The idea being that such a clause will prevent them from calling in repair people without thought. Historical...
I have been paying cash for homes but just took out a HELOC to start utilizing the BRRRR method. This is my first attempt and I could really use some advice. I am worried about over rehabbing and then also worried abo...
I have a bank loan and own 3 acres which is my principal residence and a couple of out buildings.I wish to sell using owner financing (I'm thinking Wrap around mortgage) half of my property to a family member. Quest...
I’m confused about how to coordinate the 75 and 15 hour portions of the Illinois broker exam. I bought the 75 hour pre-license self study course. I’ve read everything and I’m taking and reviewing the practice tests in...