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What are the steps needed to get a property (house or land) under contract? How is this done with no financing secured? For purposes of wholesaling (stay out of this John, lol) can you walk me through what I need to d...
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I am a convicted felon in nj. Although my conviction was in 2003 ( which i served 5 1/2 yrs in prison and 5 yrs on parole after release) it seems like i'm always going to be a covicted felon. My current job is telecom...
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I recently read a story in our local newspaper discussing the over 1,000 abandoned properties currently in the area. It appears these properties have become quite the nuisance for homeowners in these neighborhoods and...
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Hello,Lets say you 1031 exchange into a new primary residence to defer 50k in capital gain tax. Subsequently, then sell the second primary residence after living there for 2 of the past 5 years and make 200k profit fr...
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Hello all-
Generally speaking, (for vacant land) will the appropriate capitalization of the net ground lease payments always be greater than a typical/comparative fee simple transaction?
We have a scenario in my tow...
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Hi folks,
When buying a SFH to BRRRRR what's the best lending strategy? Conventional loan and then Refi after 6 months? What other options exist?
Thanks!
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $275,000
Cash invested: $100,000
Hoarder home, removed everything to subfloor and drywall. Nearly complete, waitin...
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Hi all,
Where can I get a simple lease renewal form that says lease remain the same as original one and extend for one more year .
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Is there anyone who has experience with the rules regarding Loan Assumptions? I was told by Bank of America that all loan assumptions have to be occupied by an owner occupant within 12 months. Would this mean that if...
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Hi, my name is Thinzar, and I am a NYC-based licensed real estate salesperson with BOND, one of the largest independently-owned real estate firms in NYC.I approach my work in real estate with a strong belief that a ho...