Maricell Hall
Should I refinance my duplex
I originally purchased my duplex for about 320K The current market will Appraise it for at least 600k-700K. Should I refinance? Should I take the maximum out? buy another property in another state? I wanted to hopefu...
Stone Jin
What happens when I die
As we are doing estate planning we are coming across this bizarre question. Let's say I currently have 10 mortgages and my wife has 10 mortgages. If one of us were to die, would the other assume the mortgages even t...
David Gjeldum
Transfer of ownership to a LLC, frees up credit?
Hey everyone,
Thinking of buying a condo here in Chicago (I know none of you are fond of that, but I have my reasons)
Say I buy a unit/finance it in my own name. If I transfer ownership to a LLC, does that free up m...
Logan Pemberton
How to get from 1 door to more
I was lucky enough to get into a rental about a year ago, but have been stuck trying to go up from there because of DTI. I’d like to go out of state because there are better markets but not sure how to get started. An...
Lyric Todkill
Family Real Estate Gift
Happy New Year, everyone,
I'm looking for some advice on a family real estate deal. Basically, I am providing them a lump sum to pay off their debts and in return, the taking ownership of their home. The plan is to l...
John Pianta
Need assistance (please).
I am considering transferring a portion of a prior (traditional) IRA to a self directed IRA in order to participate in a private placement for commercial real estate. After reading forums/reviews for all of the SDIRA ...
Dan S.
Can I offer a military discount?
Hi there, thank you for checking out my post!I live in Oklahoma and would like to inquiry on whether or not it's considered legal to offer a military discount to prospective tenants. I would also welcome advice on how...
Tom Kairys
Can the bank take the money from will?
Hello BP,
My wife’s sister-in law passed away last year after battling cancer for a year. She lived in Lemont, IL. Her will states that her money/ cash goes to her husband 30% and to her mother 70%. Instead of just gi...
Account Closed
BofA 60 Day Sell/Refinance Ban
I was just talking with a guy that bought a BofA REO all cash. He knew about the 60 day ban on reselling and was okay with that, it takes at least that long to rehab. His plan was to refinance immediately so he coul...
Ciaran Hyman-Martin
Tips on starting wholesaling in NY
Im planning on getting into wholesaling to pay off student loan debts and to raise capital to move into rentals. That being said does anyone have any information, advice, tips, or tricks on wholesaling in NY and the l...