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In Florida, if a property is listed for 170k, but when you check it out with a realtor the property needs work, and let's say it needs 10k work, so the correct offer price is 160k. If the realtor knows this from her/h...
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Hi allI had several properties in a LLC and in order to buy more my mortgage broker (very savvy guy) had me re-structure/re-characterize my LLC into an S-corp (essentially a LLC taxes as S corp). That way that one en...
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Hi all,I am a military veteran from Chicago and I am looking to purchase my first 3 to 4 unit property using the house hacking method. My plan is to utilize my VA loan which has the benefit of putting no money down. I...
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Helllooow CAP rate chasers! I am writing today as I have too have made this mistake! I bought a " great deal, " but did I? The fact is that I had failed to really look at the market trends for the city. When people t...
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Hey everyone, this is the situation I'm facing right now. For the past 15 years my mother and I have lived in one unit of a duplex. Weve been excellent tenants and have always paid rent on time. Recently, the owner of...
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How would you suggest I find a seller willing to finance?
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Almost 10 years ago I invested into a single family home remodeling project, which was to be sold upon completion. That never happened, thanks to the recession of 2008. With carrying costs, my original $268,000 invest...
I don't care what anyone says, the fact is the 100% No Doc, Hybrid Option Arms with No PMI and 2% start rate was an AWESOME financing tools for responsible borrowers. However, they were like taking a 15 yr old from a ...
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So the foreclosed home was listed and the asking price is $97k. How do i find out how much is actually owed on the house (the foreclosed amount) so i can make a better offer and know im getting a good deal.
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Hello, everyone - My name is Mike. I was reading some of Brandon Turner's content on the site and realized this seems like a great site for landlords.That said, I'm still not sure if I should go that direction. As I'l...