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I just bought my first investment property in my name (all cash) in the Detroit Michigan area. Before I file the home transfer affidavit and submit the shorter rental application with the city and setup utilities, sho...
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Hello,We are trying to refinance however, lenders are asking that we request a payoff or subordination of a lien held by HUD. We would like to know if you would recommend that we challenge the lien based on the follow...
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I have a high quality problem and am interested in some feedback from the BP community.We bought an REO several months ago and just go the former owner out this week. The house is full of junk (typical FC) but other ...
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Hello!
I'm in the process of setting up a business structure for my real estate investments and would greatly appreciate any assistance or referrals from those with experience in this area.
A Bit About Me
Over the ...
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I have owned a property for about 4 years. It is not my primary residence and have used it as a vacation property. It's located in FL and the market price for the house is estimated to be $150-175k over what I paid ...
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I am doing a deal where I am lending 90K to a group. I am looking to attach a 30K mortgage to three investment properties they have with sufficient equity.Any idea on how much this would cost?They offered personal gua...
If you have a property (<4 units) that is under a personal conventional loan, but was quick deeded to a LLC (with two owners) at closing, what options are available when refinancing? Can you refinance the loan from...
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Hi all,I currently hold personal mortgages for properties that are deeded to a sole ownership LLC. Ideally I would have the mortgages held by the LLC, but as most of you know, that would be a commercial loan and would...
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Title says it all. Correct me if I'm wrong but(in Utah) on an accepted MLS offer the buyer writes an earnest money check and the check is held by the selling agent's broker's office... and only under certain condit...
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Hi! My husband and I are about to close on our first two investment properties in FL. One will be a BRRRR and the other is a flip. We have a HELOC for the BRRRR and an investment loan for the flip. Both are under cont...