@Bill Exeter @Steven Hamilton II, other experts....I think I know the answer, but want to verify.  Apparently his current CPA thinks Yes to # 1).Owner has owned 5 plex for 30 years.  He thinks he can convert to condos...

We purchase 5-7 REO's each month, and I have always had this question...

On at least 80% of the deals we do, the bank has not recorded the deed or CT, and they do not until right before closing. While it does not aff...

Does anyone have experience purchasing a property where the mortgage is paid off and the seller is going through bankruptcy, needing to sell the house to pay off the debt? This is in North Carolina.
The seller wants ...

Hello,I have always wanted to own multifamily units of 4, 6, 8 or no more than 50. I have knowledge of several that are owner finance by the sellers. Can you tell me how I can get the owners/sellers to do a MLO with a...

Has anyone gone through the process of applying for the tax credits associated with renovating in a historic district? Question I have: 1) How difficult was it to renovate to the historic architectural standards?2) Di...

Hi all, this is the first time I've experienced this issue so am hoping that some of you guys may be able to provide some insight or an innovative strategy that can enable me to help the owner of this property out... ...

I found a off market triplex that I’ve had a verbal negotiation with the seller and would like to make a written offer. My question is how do I structure this and what terminology should be in this offer? Can I just w...

Hi everyone!Just closed my first flip!Me and my partner created an LLC and purchased it in that name.How will I file my taxes if we make money on this first flip? Is it the regular way I always file my taxes as ordina...

Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I wa...

We have kinda complicated issue with our tenant here, first of all we have the contract signed by the daughter of the father who is the one paying the rent. Because the father has bad credit and want to help her daugh...