Anna M.
LEASE CHANGES (to include rent raises) BEFORE CLOSING!
Tenant’s lease ends 12/31/17. We close 1/2/18. Tenants want to stay. We prefer they use our lease (less vague than existing belonging to property management company running the show currently). So Planning on inheri...
Yuliany W.
Withdrawing funds out of a 401(k)
Hi all,
How do you withdraw the money in your current employer's 401(k)? I don't have a financial hardship, and I don't want to take out a 401(k) loan. Is this possible at all?
I know there are penalties for withdra...
Leroy Williams
Short Sale Option
Situation:
Brother owes $143,000 on mortgage
House Value(according to comps) $121,000
Offer Home to lender as a short sale for $100,000 (sister says lender may take/she is a realtor in Atlanta).
I would purchase.
An...
Adam Sharp
Quarantine // cabinet painting??
Hi BP!I just finished redoing all the flooring in my house, as I am quarantined and bored out of my mind. I’m thinking I should just paint the cabinets too. I can’t afford new ones so painting is the next best solutio...
Bob Malecki
Seller's last assignment on 1st position note not recorded?
I'm working with a seller on FCI Exchange who has not recorded his assignment and says: "We don't record our position until it is under contract. FCI can record our assignment at time of close." This does not seem ...
Larisa Dalekorey
What should I do sell my SF so i can buy multifamily or rent it?
I'm in active duty military currently stationed at Shaw airforce base but I bought a SF house in 2019 of May for $170k. I have 8 months left until I get out the military and really start full time investing into multi...
Derrek H.
Using my LLC to sell a house to my spouse - anyone heard of this?
Hey BP Community,
I saw a video on Youtube by a BRRRR investor who said he was able to get money out of his BRRRR in just TWO MONTHS with his strategy. The LLC he controls bought a property for $140k and put $15k of ...
Erik Henneman
What’s an asset that grows 12% a year ?
I was listening to a podcast recently and they were talking about finding an asset that grows at least 12% a year. What type of assets could those be ?
Daimyan Hutchison
Should I have my contractor buy material?
I'm debating whether or not I should let my contractor buy the materials for the job. What do you guys recommend I should do to go about this the right way?
Rafael Floresta
Bought 175k condo in 2011, neighbor closed today for 285k. Refi or sell?
August of 2011 I bought my condo for 175k. We did 5% down and spend quite a bit of money remodeling it to meet our needs. Back that time we couldn't find anything we liked, and this was cheap enough that we could spen...