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If I needed funds for a small multi-family real estate, in which I was doing a seller's finance agreement annnnddd was getting private funds from a couple of people I know, would the syndication process apply to this?...
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Hello everyone! I have a close Friend in Florida, who needs to have a Reverse Mortgage released. His elderly parents, had one done a few years ago, without his knowledge. They now require 24 hr care and he is trying t...
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Hello curious how much average unit turn costs are. One of my units needs complete turn, new kitchen, bathroom it’s a one bedroom around 700 sq ft.
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What are the benefits of going with a local mortgage lender than with a national lender? (I’m looking to do a cash out ReFi for a down payment on a house to house hack)
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I have received messages in the past from insurance companies trying to place their clients on medium-term rentals and a colleague has recently taken on such a tenant.I wonder if insurance companies have departments t...
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I have a house built in 1937 and 90% of plumbing is original. I have received 3 quotes with wide range in cost ($5100-10K) to replumb water and drain lines. The highest says replacing lines all the way to sewer, othe...
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I've been approach by two investors trying to syndicate a deal. There's no concrete deal in the pipeline YET, but they're working with me to determine the blueprint of a potential deal and what are reasonable return e...
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Folks, I have received a "settlement statement" that lists estimated closing costs that the buyer has to pay. I questioned some of these charges and got the lender (loan officer) to agree that they should be removed. ...
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Last week I was happy to receive an accepted offer on a triplex in the city I live/work.
Yet, this morning I received grim news that even my last option for financing - a local credit union - wouldn't be able to fin...
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Each year, after I purchase a property, I have to re-look up how to treat the various items from the HUD-1 (closing statement) when preparing my Schedule E. I am NOT an accountant, but I did find this article by one E...