I am purchasing a HUD home that does not have any kitchen appliances and the half bathroom on the main floor is framed and drywalled but there is not a sink or toilet installed.I am being told by my lender and my real...
So I have a very peculiar situation. I have been at my current job for almost a year (I work at a bank which allows for very favourable rates on mortgages and student loans) but i am currently carrying a decent balanc...
Trying to get a very basic summary of pricing a None performing note for sale! Just a basic strategy. Its in connecticut with a high property value of 650k and 200k left as unpaid balance ! Everyone I ask says a diffe...
Do I need to prove that the money I have for a down payment came from income reported or can I say that I got it as a private loan? I am going to apply for a mortgage pre approval but I don’t know if I can show the mo...
I know employers are very stingy with saying anything about a previous employee. Seems you have almost nothing to gain by giving information and a lot to lose, if perhaps you are actually being called by the renter to...
How difficult is it to transfer a personal residence to an LLC? Is it as simple as signing a quit claim deed?
Hello Everyone,Could anyone please help me understand how mortgage notes are accounted and reported for the purpose of business tax return (form 1120) ? While searching the Net, I found a few different approaches - fr...
If the owner of a property still owes a balance on their mortgage do they have the option of seller financing in any way? What creative way can be used to obtain a property like this?
Greetings, I am curious of the following regarding LLC:1. When is the best time to create an LLC for your investments?2. Thoughts on having multiple properties under one LLC.3. Can I sell my first purchase to my ...
Well, thanks to BP I have now learned what I should have been doing for Cap-ex fir the last 10 years. But, financially i had to use most of the cash flow for living. Now I need some advise on finance options for a new...