Jason did a great blog on contracts: http://www.biggerpockets.com/renewsblog/2010/02/17/whats-in-a-contract-contractors-rehabbing-real-estate/
Wanted to pass one tip along. He mentioned new investors who can't affo...
How are you securing private money with friends, family or coworkers? In this case it is an old client of mine who has become a friend and has some money sitting around doing nothing. We have a solid trusting relation...
Hello All! Happy St. Patty's Day!I am in the market for purchasing another multifamily property, but this time I would like to consider the possibility of rolling it under the protection of an LLC. This leads me to my...
Having spent some significant time working with borrowers buying and selling property who are trying to complete a 1031 exchange, I thought I would post regarding my experience.1031 keys:1. Defer income tax.When selli...
I own a condo I purchased as my first home in 2008 and a single family home I purchased to move into in 2013. Neither were purchased as investment properties. I moved out of the second property in 2017 and I have ha...
HI AllMe and my partner are jumping right into this, we have a multiplex property we want to invest into. Sell Price is 600KWe are have the cash to bring in 30% and little more.Issue is banks are not ready to loan us...
I currently own a 4 bd 2 bath 1800sqft ranch style home with $95,000 left on the mortgage. My plan is rent the house for $1600/ mo. I would like to refinance the house for $130,000 and use the $45,000 in equity to pur...
I'm just starting the process of wanting to purchase a 2-4 unit multiple family home. I'm looking for someone who is in the Twin Cities area (MN) and has a recommendation for a mortgage professional who specializes in...
Recently closed on a sub 2 deal. What's the best way to ensure I am protected by hazard insurance without bringing transaction unwanted attention by the mortgage company.
I am familiar with how an assumption works. How is a “Wrap” and “Subject too” different?
Thanks!