If I read this correctly, it will end the exemption for hard money/private money loans. After July 1st, anyone who wants to give a loan will need to be licensed. Getting a lender license is no joke, it's a tough proce...

Good morning all!I'm a hard-working, communicative millennial agent looking to connect with like-minded contractors.  Really would like to have a go-to guy for years to come.  I put Boston as the location, but this wo...

Hello. My adjusted gross income is under $100,000, and so the passive loss (including phantom loss from depreciation, deductions from mortgage interest and property tax, etc.) from my rental properties will be offsett...

Hi fellow members,  I have a tenant who started his lease about a month ago, and paid rent, security deposit and pet fee with checks that bounced.  On top of that is making requests for cosmetic repairs.  I had filed ...

I've read Fannie Mae guideline on this, but am recently confused after speaking with a few lenders. According to the DFE on Cash Out Refi, if a property is purchased in cash;1.) 6 month seasoning period is not require...

Does somebody have experience with eviction of non owner occupant in cook county Chicago ? I purchased the property on the judicial sale and looks like somebody lives there. The law in IL states I need to give them 90...

I just did a quit claim deed two properties from my personal name to LLC, but mortgages are still under my name. My insurance agent told me that I should have my LLC as a main insured and my name additional insured. H...

Hi Commercial RE Investors,I have a question regarding home equity line of credit or HELOC.Here is the scenario:I went to a local bank asking for a line of credit on my 6-Unit. The lender would offer me an 80% LTV of ...

My Question is about the order in which DIY landlords and managers show their property to perspective tenants and call references.  Currently I wait until I have about 5 qualified applicants, and schedule viewings wit...

I am finally interviewing several contractors and GCs about starting work on a 3bd 2 ba in Long Beach, CA.  Some of them are referrals or have good reviews online.I have some questions that I plan to ask, including if...