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Long story short- I bought a condo with the intention to wholetail. Here are those numbers:120k PP (Hard money loan)3k Rehab170k ARV25k Projected Profit Now here's where the deal got hairy... I put this on the market ...
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I know of several properties that have HUD case numbers assigned to them; but are not on MLS or HUDhomestore.com. These are homes that have been already been placed with realtors; but do not have (to my knowledge) ha...
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Okay, I've been trying to educate myself about short sales and right off the bat, I have a question. After getting homeowners to sign an authorization to release information, who am I calling to start negotiating?The ...
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Can You "Force" Renters to Have Renters Insurance?
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So this is a first for us, did a forum search but no luck. State of Iowa. The buyer wants to cancel the sale contract due to inspections and is demanding earnest money back. Do they need to provide proof in the for...
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I know acquisition time or commute time do not count for 500 hours material participation in rental properties but couldn’t find any regulation saying they don’t count for that 750 hours total RE involvement. if that...
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I’m looking for advice on whether to hold or sell a 3 flat-first property. Note: This isn’t my personal property but I have a personal interest in it.
-Purchased an older 3-flat in 2019 at $250,000, with an FHA loan...
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Hello,
I've been reviewing my business expenses recently and have been exploring different ways to control my monthly expenditures. One area that caught my attention is insurance, specifically the trade-off between d...
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Here is a situation I'd love your feedback on: My first rental property (the Kurt Cobain house) has had a little old lady living there since I moved out 6 years ago. She has been paying $510 pretty much all along. The...
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Hi I am new to commercial Loans, the lender I’m working with doesn’t wanna to put anything in writing. I asked him for a loan disclosure stating the rate, lock in period And other details of the loan. He wants to give...