I’ve been told twice now that using my primary residence as my first rental property would be a good move. I’ve thought about it and I’m starting to agree, I would just like some feedback on the approach I want to tak...
The short sale lender wants to close by April 15th.
Let's say I use bridge funding, that means the C buyer would need to close around April 18th.
My title company has told me that a land trust is needed. Reason:
So...
I purchased an apartment building just before Covid hit in upstate NY. Rents are well below market and the plan was always to raise them but for obvious reasons I haven't yet. My market seems pretty tight so I if so...
So, 3 weeks ago, I found a house on the MLS listed for $74k, I made an cash offer on a short sale and it was accepted by the seller. Today, I got a phone call from my agent saying that GMAC negotiator wants $90k for ...
Hello! Last month I sent out about 500 postcards to absentee homeowners in various zip codes around Cobb and Cherokee counties in Georgia (Kennesaw, Marietta, Woodstock, Canton, Acworth, etc.). I received 4 responses ...
I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.
What are we thinking about the talk of the foreseeable "Market crash"? I suppose this is all opinion-based and speculations, but it doesn't hurt to hear others' suggestions and strategy. I work with a lot of people wh...
Hi Everyone - I'm new to real estate investing and hoping to purchase my first MF property soon. Should I form an LLC before I purchase the rental property? And I hope to eventually purchase multiple MF properties, ca...
My secret mentor hit me with an honest curveball!SDIRA Consultants, SDIRA Holders, Real-Estate Tax CPA’s, Attorneys, Chime in:First - my secret mentor is my attorney which sounds odd seeing that we have two differen...
Hi Everyone:I am new to this forum. This is literally the first discussion I posted here. We are currently under an agreement of a 4-plex of 1million. We are debating whether it is a good idea to buy this property or ...