Jenny Pavlov
HOA liens
When I look at the property, how do I find out if there is a HOA lien agains property and how much it is?
Montez B.
FHA or 20% down ? Which is best for house hacking
I have been watching videos about house hacking for a few weeks now and I learned about “fha” loans due to my research you can get a property with a low down payment but real high mortgage ? So if that’s the case is i...
Richard Beatty
FHA streamline refinance
Hello Guys, So I purchased a property in January of this year. I received a phone call today from the mortgage lender asking if I wanted to refinance with the Fha streamline. He said my rate will go from a 3.75 to 3.3...
Wes Love
Commercial Multifamily Lending
Hi all - I own a few properties currently and am ready to scale up. For now I'm working to align the capital necessary to purchase a property at or around 20 units within the next couple of years ($1M-$2M purchase+reh...
Jay Boyle
Are security deposits income on the profit and loss sheet?
Hi I am new to apartments. I presently have a 90 unit under LOI. The financial data I received from the seller shows the incoming security deposits as income and the outgoing security refunds as expenses. is this typi...
Krista Lance
Seeking advice on utilizing solo 401k with a small balance
Hi, I've just set up my Solo 401k, using funds from a previous employers retirement account. The current value is small: $12,500. I am struggling to find a way to utilize these funds in investments because the value i...
John B.
When to take security deposit to hold rental
My SFR will not be available until Sept 1st but I plan to sign lease much sooner. How do I "hold" this for the tenant and safely take it off the advertising market. Can I / should I go ahead and ask for the security d...
Amy Airheart
Assumable loan?
As stated in biggerpockets Real Estate glossarry,
Assumable Loan - A loan in which the lender is willing to “transfer†from the previous owner of the home to the new owner, sometimes at the same interest rat...
Andreas Sakellaris
Lease Purchase, Subject to or Owner Finance from Seller?
Hello All,
Thanks in advance for analyzing this deal.
Main two questions would be: How does the Dott Frank Law effect my deal, and how can I work around it or be exempt from it.
Heres the deal:
...
Alex Yakubovich
Backdoor Roth IRA and Pro-rata Rule
Hello everyone!Could you please help with my situation? I want to do a Backdoor Roth but I have pre-tax money on my trad IRA and I don't understand whether the pro-rata rule could be avoided if I do the following:1) A...