I purchased a home, little over a year ago with a conventional 97 loan. I am looking to purchase another property with an FHA loan, but the loan officer says my debt to income ratio is too high. So I was wondering i...
Hi - I am hoping to get some advice for family's situation. My dad and his brother are owners of a duplex. Each live in one of the units. When they bought the duplex my uncle was the only one on the mortgage as my dad...
I am looking to purchase an investment property ($500k purchase price).
I have 5 private lenders to provide $100k each.
Each will have a separate trust deed - in 1st, 2nd, 3rd, 4th, 5th position.
Since I am pooling...
Are below all the costs to buy and flip tax deed auctioned properties in CA?Should I work backward from ARV, factor in a profit, factor all the expenses to come up with a max bid at auction?***************************...
Can someone please share a format for Quitclaim deed for NC?What are points that MUST be included here ?
Got a strange scenario that played out today and I am looking to see if anyone has any insight or knowledge on this:Rehab property in Massachusetts was purchased back in the early 2000's. It never got finished and the...
Well it happened to me this week.. its a long drawn out story.. but here goes.I sell a OREO on a land contract.. the buyer sells to another buyer on land contract.. This new buyer it appears wanted to make sure my b...
I plan to sell a rental property via owner financing with a 5 or 7 year balloon payment term. Is there some way to set it up in order to do a 1031 exchange on the balloon payoff? Thank you for your help.
In-laws want to pass us ownership of land parcel in Florida that they've owned for 16 years (they never ended up building a house). Researched Quit Claim Deed as we've never had this situation before. Want to do it co...
I am considering selling a property via owner financing and want to understand the tax implications pros and cons. Please share any pointers including the obvious ones as I am new to this. Also is there some way to do...