Elizabeth Colegrove
Does a 6plex qualify for FHA or Personal Property Financing?
My husband is up for orders and I am researching a potential area in Washington State. Our goal is to buy a multi-plex in the next location. One of the units I am interested in is a 6-plex. On the advertisement it sai...
Phil C.
Should I build a Tiny Home on my Personal Property
I am considering building a Supplemental Living Unit on my 10 acre property. I live on this property in a "normie" house. But I have a lot of extra land with some fun features like an fruit tree orchard and forest. I ...
Jonathan Berry
Questions for a CPA - Selling Personal Property and Tax Liability
I have what I think is a two-part question. So here is the scenario and hopefully it makes sense.If someone were coming into money from the proceeds of their primary residence (qualifying within the 3/5 years occupan...
Ruth G Rodriguez
Navigating Back-to-Back Purchases of Commercial and Personal Property
I am closing on my first commercial property (under an LLC), which will be owner-occupied for our business. I am also planning to sell my home and purchase a new one, hopefully within this year. Is it feasible to fina...
Jeff Macdonald
Trustee's sale: What happens to personal property? My first deal.
I just made my first REI deal today! I bought a house at trustee's sale (courthouse steps). The owner passed away early 2016. I'm guessing there is still considerable personal property in the home. What does the law s...
Rizwan Qadri
Should I buy personal property for living first or investment?
Hi Friends,I am planning to buy my first property on FHA and looking for an advice on if I should spent the down for investment property first or primary residential. I have limited down payment for 1 property at this...
Neil Schindel
Making a Deal Work. Lumping Personal Property in a Contract.
The Situation:
I recently purchased my first investment property. It was a duplex and the deal was brought to me by a co-worker who is also a Wholesaler on the side. We have been talking ever since and he has been sh...
Alfred Litton
Help! Source of Down payment from Sale of Personal Property?
I'm in contract on a SFH and would like to use cash from the sale of inherited personal property and the sale of some of my own property (gold and silver and other collectibles). If I receive cash for this and deposi...
Arjun K.
Help me understand landlord insurance
I am bidding on a $230K market price property, where I will probably add $20K of equity thereafter in form of upgrades. the land is appraised at $100KI by tax man. This will be a rental property.
I solicited quot...
Dave Blackman
JV deals - do you put both entities on the deed and/or title?
Good afternoon all,Taking a quick census here for all the JV veterans as to whether you put both your entity and your JV's entity on (as say, 50/50 ownership):a) Note deed itselfb) Property title if you take the prope...