Tricia O'Brien
Any problem if I don't issue 1099 to handyman with job over $2K?
I recently paid a builder about $4,500 total for several projects at my rental home in Indiana. These were: building a new wood deck at back door, building new staircase in basement, installing a new window, repairin...
Nile Reavis
Advice on making an offer on first real estate property
The sellers agent is asking for a deposit to go with my offer on a property. How common is it for a cash deposit to be included with an offer on a property?
Ted Klein
Buying REO Properties
I have searched the forums and there are a number of threads on buying REO's but I didn't find the answers I was looking for, so... There is a property that was on the auction that went back to the bank as an REO prop...
Joe Attard
Sheriff Auction bidding checks
I successfully purchased a home through our county sheriff auction. However, I am curious how the professional bidders have the ability to bid on multiple homes. In order to bid on a home in the auction, the process...
Wade Garrett
Which Lenders Close Loans to LLC's?
I have my four-plex in my personal name, and would like to transfer title to my LLC. My mortgage is callable upon change of title, however. My current lender (Chase) does not close loans to LLC's. Neither does Garden ...
Dru Steeby
My closing got delayed....again.
I'm currently under contract for a duplex that I plan on occupying half of when I finally close. We were set to close on May 27th but issue #1 came up. We resolved that issue (we thought) and were all set to close aga...
Ever Espana
Need Help with Virginia Beach Condo Analysis
Hi Everyone,
I need help to determine if this is a good deal to get into or not. I will try to give all the details without making it too long.
We have a developer in VA Beach who has 32 units recently built about 2...
Tyler Joseph Reeves
Finding Portfolio Lenders
We are looking to buy and hold SFR in the Charlotte, North Carolina area. Does anyone have any tips on finding a good portfolio lender? Thank You,-Tyler
Mark Walker
24 months of rent in reserve?
My mother (retired) owns 2 condos and her own home free and clear. She went to Wells Fargo to take LOCs on the 2 condos to access the equity to buy another unit and was told they would do 60% LTV. Now Wells Fargo wa...
Mitsu O'Riley
Where's the proof?
There are a lot of questions on weather a foreclosure can be delayed or stopped by asking the bank to prove the owner owes that bank. It is something that is happening, and is 100% legal. The bank is the Plaintiff, an...