Jude Welsh
Sheriff's Sale property: Judgement amount significantly higher than Liens
All,I'm planning on bidding on a property at Sheriff's sale in September that has the following liens:$540,000 senior mortgage$21,000 unpaid municipal taxes. There were several other tax sale liens, second mortgages,...
Jeffrey Townsend
first property at courthouse auction
I just purchased my first property at a foreclosure auction. The property is currently occupied, I believe there are tenants in there. I have tried knocking several times and no one answers. What is the best way to g...
Noel Peralta
Can I evict and purchasing a new property simultaneously?
Hello Friends,
I'm currently in the processes of evicting a tenant for non-payment of last months rent. I'm concerned that this might slow my investment goals down. I can show my loan officer that I have a lease for...
David Bates
Best state to incorporate LLC & taxes for foreign investors
Hi All,Merry Christmas!I'm a British expat working in China and have been looking for a way to improve on the poor returns I've seen in China and Europe recently. Some US rental markets do look very attractive, such a...
Collin DeWese
Cash Purchase Refinancing
Hello everyone. Here is the situation I am currently in and trying to resolve. About a week ago I bought a single family rental with cash and I bought it way under value. I would like to refinance it asap for the appr...
Jason Lucas
do I HAVE to buy target property
When doing a 1031 exchange, I know I have to target 3 properties. I heard that I do not have to buy one of those 3, I can buy a different property not targeted, is this true?
Ryan Broderick
Newbie in Baltimore MD
Hello all,
24 y/o from Baltimore MD who is looking to buy my first property in the coming months with the hopes of renting it out in an extremely renter heavy Baltimore City (Federal Hill- Canton). Still Look forwa...
Jason Malabute
The Feds Raises Interest Rates by .25% and Its Impact on Multifamily Investing
Yesterday, the Federal Reserve made the announcement that it would be increasing interest rates by 0.25%. The Federal Reserve's goal is to lower and stabilize inflation at 2%. This move was taken in an effort to contr...
Jacob Trogan
Effect on Credit with HELOC - Also general HELOC questions
Hey everyone I believe I have had a recommendation for a HELOC with CACU here in Kansas City and I think they have a great product but it is not I/O payments. If I was told wrong or they do allow I/O payments let me k...
Daniel Busby
Can I evict for drug use, now that marijuana is "legal" in CA?
I've got a 4-plex that my wife and I are owner occupying in Los Angeles. For a dozen different reasons we want one of our tenants evicted, but of course tenant laws in LA are pretty strong. However, we have a potent...