Chris McCurdy
Moving out of state but keeping rentals
My wife and I are moving from Texas to Colorado. We currently have 5 rental properties in Texas. How do we go about avoiding the state income tax in Colorado? I think we need to put them in a trust or something th...
Garry F.
How to deal with Over Priced Listings?
I am MAD! I just found out that a listing I made an offer on sold 225 days later for 7K (2%) more than my offer. They didn't accept my offer because they were overpriced so my offer seemed like it was a "Low Ball" off...
Salma M.
Confused about seller's concession
So I finally found a property I want to invest in. I made an offer of USD 600k purchase price+20k seller concession. I am preapproved specifically for this. The seller is not happy about the seller concession. I don't...
Jennifer Hashisaki
Reducing or Eliminating U.S. Taxes for Foreign Property Owners
Now is perhaps a better time than ever to invest in U.S. real estate for both income and long-term appreciation. However, as can be expected, the U.S. seeks to tax the appreciation on these properties when they are so...
April G
When a bankruptcy start a pre-foreclosure over, is teh amount owed put into the bankrupty or is it not allowed to be included?
I know someone who is planning on filing for bankruptcy before the sale date on his pre-foreclosed home. Now, is he allowed to put what he owes to the bank on his bankruptcy? Does he get to pay less on his defaulted p...
Jeremy Gengenbach
HUD homes and 70% rule
I have been looking at foreclosed houses in Houston, TX trying to find a property that I can force equity into. Today I visited 2 HUD properties that interested me because of their condition. I knew they both needed s...
Alex Mares
Sq footage off by 550
I am under contract on a home and there is a 550 sq footage discrepancy. They counted an unfinished attic into the square footage. I would like some advice on how to proceed. It would change the square footage from 18...
Roy Mitle
Investing in LLC when rates are rising.
Hi
Is there anyone on this forum who invests in real estate LLC firms. These firms pool in money from investors, buy big appartment complexes, renovate them and re-fi to return money and then sell them for a profit. ...
Juan Giraldo
Switching from a VA 3.375% to a Conventional 4.85%.
I currently have 2 VA loans, and I am trying to free up one of them so I can purchase another home in the area where I currently live. My dilemma is: the VA loan (currently with about 25% equity) that I am trying to r...
Robert Leonard
Residential Mortgage with LLC Ownership
Hi everyone,My team and I are purchasing a 3-unit multifamily rental property using a conventional residential 30-year mortgage, but we want the property to be owned by our LLC, not in our personal names. I've called ...