From the sale of a few properties we invested in a while ago, we stand to gain about $200K cash back. We're hoping to re-invest in property within months to avoid getting taxed. The problem is, we're aiming to maximiz...
Hello,In my coursework, in the section on closing procedures, there was a note that in some cases, it is better to sequester the buyer and seller during settlement, if there has been a great deal of acrimony during ne...
I’m wondering which is better to improve my buying power? Margin loan vs hard money? I need around $150k to be competitive in the bidding wars and wondering whether I should draw a margin loan from my securities or to...
In the scenario where a typical residential loan allow the borrower to live on the property for at least a year, if after 3months the borrower decides to rent the unit, how can that affect the loan? Is there any sugge...
I am about to close on a house (i am the buyer). I am having difficulty with the time to close, my lawyer sent me an email with a time that i cant meet (i was not consulted by my lawyer based on date or time suitabili...
Looking to get into my first MF property. It would be an out of state investment for me. 24 unit asking 850kConcerns-The area doesn't seem to be the greatest. Although broker claims in the path of progress. -Price per...
I have a SFR that is not set up for handicap access. I just had someone ask me if they could set up a handicap ramp if they were to be accepted as a tenant. What responsibility do I have as a landlord to provide h...
Hello, I am considering buying a property that has a 6% cap rate and only cash flows about $200/month. However, one of the units is currently renting for $875/month. Using rentometer.com, I've determined the average 1...
Seller included the following clause in the Improvements section of our contract (using Seller Financing):Buyer shall keep the premises in good repair at their own expense during the life of this contract, and shall n...
Hi,
I am looking to buy a home on "Cruxten Dr, Huber Heights, OH 45424". A 3 bed, 2 bath and 1,080 sq. ft property from a turnkey provider. In the proforma the Projected Rental Income is $1,275. This is the first p...