I heard Illinois created a new law that was just passed a few days ago for wholesalers stating “Unless you have your realtors license wholesalers can’t perform anymore real estate deals” is this true??????

Hello,There's a duplex that's going for $250k, with gross cash flow at $1900. Vacancy at 7% ($133), Insurance $70, Maintenance / CapX at 7% ($133), Taxes $75. I've got a HELOC that lets me borrow up to $63,000 at a Va...

Has anyone worked a "Split Approval"? I am researching details for friends going thru the Short Sale process in Florida. Forgive me as some of the terms are unfamiliar to me. The 1st (GMAC) has agreed to give a po...

I'm not asking about what property managers write into their contracts. I've seen entire wish lists embedded into them. I realize that it is fairly common for property managers write in their contracts that the agreem...

Hi everyone - hopefully a local attorney is reading this, if so please message me as I'd love to hop on a call or meet for coffee to discuss (I'm also looking to find a great attorney to add to my team!).I've been try...

The Federal Housing Finance Agency, FHFA, the governing body that controls the conventional loan world.  Think of them as the parent of Fannie Mae and Freddie Mac.  They have set multiple new pricing grids for all con...

Hello Everyone,I have a section 8 questions for the veteran. Apparently, the housing authority in my market (the MA / Massachusetts area) changed the section 8 inspector which based in TN somewhere. The new company se...

We have been looking to purchase a multi family in Massachusetts for the last year but unfortunately (after about 10 offers) have still not been able to secure anything. Considering changing gears and purchasing a sec...

Is this something we need, if we plan on financing the MH's ourselves? Do we have to be licensed now? Or will we soon?

I'm reading a book and the author mentions the primary residence capital gains exclusion. Either it is worded weird or he is just flat out wrong. The book states that you can live in a house for 2 years and rent it fo...