The lease I've been using for years with our SFH properties includes the abandonment clause pasted below. I don't remember where I got the lease, but I'm in a situation now that fits the criteria listed in it. He move...
Hello;
I received come advice from an accountant saying for each real estate investment I do , form a new LLC for each. toughts? :pup:
Are You Holding Security Deposits in Separate Accounts?
I have a dilemma. This is my first post in Bigger pockets. S&P 500 index fund has given a historical AAR (Average Annual Return) of 10 % in the last 60 years and 14.5% AAR in the last 15 years as of today. The AAR...
Hello BP Community!I am graduating from college this Spring and am looking to get into a market (either Minneapolis, MN or Des Moines, IA area) to start acquiring multi-family properties to BRRR. I have enough capital...
Good evening all!I was attending a local REI club meeting here in New York City and an interesting topic came up regarding distressed mortgages. I wanted to see if anyone on BP has had experience with these types of ...
Hi BP, I would like to loan myself 50K from my solo401K to pick up a foreclosure at auction. My custodian says it's my responsibility to administer it. Seeking direction on the best way to do that. I'd like to min...
I have mortgage about 80k with 15 year term ( so far paid about 4 years of 15 year term of original loan amount 120k) with interest rate of 2.85 %. I also have credit card debt of 80k with interest rate around 20% as...
Hello,Has anyone dealt with the Fannie Mae Homestyle revocation mortgage? if so could you provide more information on the loan? Also how does it contrast from a traditional 203K loan? How was the overall experience us...
Hi BP friends,
I have a tenant that has lived in my property for 6 months and has been late 4/6 months. Typically, she is just a few days late and pays the late fee. This month, it is the 13th and she has still not ...