I'm in the process of getting a loan for an investment property in my wife's name. I put it solely in her name because I thought it would be easier since she has a good paying job and all the other property debts are ...
I'm a trustee of an SNT trust. The beneficiary is asking me to sell their current home (they live in it) and buy them a better place. The problem is that both properties would be in SF Bay Area, so I will have to fin...
It is that time again (in FL) that owners receive their property tax bills. I just wrote checks for tens of thousands of dollars. New landlords beware: RE investing is just not as easy as "buy it now" and you are done...
Hello BP!A condo (in a building I already own several units) is going to be put up for short sale in approximately 2 weeks. The seller, knowing that I already own there, offered to sell to me cash before going to mar...
I just bought my first property well below market value. According to multiple real estate agents, once renovated it will be worth hundreds of thousands over purchase price. That said, I’ll need to invest about $100,0...
How do I get a 203K loan on a HUD home? I know I have to pay the earnest deposit either $500 or $1,000. Does this take the place of the 3.5% down? And if I'm bidding online how do I add in the rehab costs with the ...
Hello BP,This is not a 1031 question but I thought the audience here may have better idea of what I need. If one meets the requirements of an accredited investor, do they go register somewhere or how does it work?Thanks!
Hello All,I am actually helping a friend who is trying to purchase a quadplex, but a very unique quad plex. THis partular quad is a single parcel, but actually is as follows:2bd 1 bath 1100sq ft SFH2bd 1 bath 900sq f...
Hi there - I have completed my first two deals, which are going better than anticipated, and am trying to keep carrying this momentum. I had a discussion with my lender yesterday about preparing my finances so that I ...
Hey all, my name is Aaron Sparks and this is a first time poster long time follower on the blog. I have a question in regards to HML and utilizing it to get a triplex under contract using a "cash offer" as the owner ...