Jacob Patterson
How do you put pressure on a bank so that they do not sit on your offer?
I am a relatively new investor and I just put a offer on a REO home. My offer was a cash offer, slightly over list price, with 10% earnest money, no contingencies, and within a few days of coming on the market. My ...
Dennis Rupert
Brand New Landlord in NY - Need advice on un-clear situation
So I just bought a 3 unit rental house in Fulton, NY on 5 Feb 2021. I know the person I bought the home from and have a little bit of back story. Have tenants in one of my units who claimed they had been COVID posit...
Cassandra Sifford
Offer Accepted, but Sellers Realtor is Unresponsive
HAPPY MONDAY (says no one) BP Peeps!!! I put an offer in on my 1st investment property almost a month ago. Purchasing it from an older gentleman (in his 80's) who is very sick. Got a portion of the inspection done ...
Brad Sicoli
FHA restrictions on house hacks
I have a few 2-4 plexes that I like in my area. I'd like to do 3.5% fha. There is a 4 plex I wanted to make an offer on but my mortgage broker told me I can't do fha on it because the leases are locked up through Jan ...
Michael Plaks
Update on the current pathetic condition of the IRS
Sobering assessment from the annual report by the Taxpayer Advocate Service (a semi-independent branch of the IRS basically tasked with specific and systemic problem resolution):- 10-month refund delays on paper-filed...
Sean Barber
Do I have any Recourse? (Investment Mortgage)
Long story short... I applied for a refinance of my investment mortgage using a company I have used before. We went through the entire process and I got everything that they asked for to them within 24 hours of their ...
Jereme Tayamen
RE Partnership LLC or Not in VA?
Hey BP!Been doing some research on LLCs and looking to get some opinions from the community.Situation: Partnering with a Co-Worker on a Buy and Hold Purchase of a SFH. Partner is providing the Down Payment, While I am...
Account Closed
I need a eviction form for Arkansas
I have a house in Arkansas and the tenants have not paid since December. They will not return my phone calls. I have a trust worthy person that will post the eviction notice for me. I live in Texas at the present or I...
Solomon Tadesse
Tax CPA recommendation in Northern Virginia area
Hi Everyone,Anyone have any recommendations for a good CPA in the Northern Virginia area that works well with real estate investors? Any help with this would be greatly appreciated!! Thanks for the help,
Victoria Dransoff
Thoughts about this??
I currently have 15 rental units (combo of SFH and multi) and today will announce my "retirement" at my J - O - B. The question I have is about using 2-3 SFH valued at @30k each to do a 1031 exchange and take that mo...