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Hi Everyone,
I'm looking for advice on deferred taxes on a possible hybrid creative finance deal I'm trying to put together on an off market property.
This is the current situation:
House is 250K ARV, built in 19...
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Good afternoon everyone, I have a property that was broken into today according to my tenant. She said the police were at the house. This is a safe area and neighborhood as well. I have not discussed the details of...
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So I have been finding out the hard way that rental income does not always count when qualifying for another mortgage.I am house hacking our primary residence. Although I collect rental income from our long term tenan...
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My realtor states that there is no inventory in the Los Angeles marketplace & that's why the prices are so high. I told him that Zillow says the L.A. area has approx. 11,701 properties for sale, so if there is no...
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This has just come up for the first time in 14 years of landlording. The tenant pays us through their bank auto-bill pay. They are usually right on time, we get a check in the mail from their bank on the 1st or 2nd ...
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I found an owner who wants to do a short sale but I don't even know if these numbers will work and what kind of deal to expect from the bank.
The loan is was originated by Countrywide just before the crash of 06-07 ...
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I rent to students around a university. It is mid year and this tenants mom (co-signer) wrote the following note;I am writing to formally request the early termination of my child's lease at location in San Jose due t...
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I'm looking at a couple properties and one of them happens to be a short sale. The numbers look good and the house is beautiful. Just curious if there are any pitfalls to be aware of before pulling the trigger on this...
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Hello BP,I am struggling with my apartment underwriting standards. I use a set of conservative or semi-conservative rules that should keep me out of trouble if the market turns against me. What I keep finding out is t...
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I have had some friends and family that have shown interest in investing with me. How have you set it up where you use other people's money? I was thinking about them owning part of the property or maybe them just giv...