Andy Gill
How to accelerate distribution of excess funds after foreclosure
I bought an HOA foreclosure at auction and paid about 24k over the foreclosure amount. The attorney representing a mortgage lien on the house is being coy, saying that they'll send me a payoff for the full mortgage am...
Victoria Hunkin
Total Loss due to Fire
Hi,Wanted to get feed back on my situation. My rental property caught fire Aug 31 in Kentucky, it is a total loss. It was vacant and no one was hurt. The problem I am having is that my lender is making me pay off the ...
Patrick Shep
Delayed Financing with assignment fee
I’m looking at paying cash for a deal and using delayed financing. It’s a wholesale deal with an assignment fee. If I do delayed financing am I able to include that assignment fee?
Justin Rucker
Questions about BRRRR
So I am researching this strategy.
When going to the bank to make sure they will refinance my property before I purchase it with hard money or private money. What kind of loan is this that I am asking for? Is it a c...
Boruch Leivi Bartfield
How to pay back my investors while still profiting myself?
Hi all,I'm ready to start buying my first investment properties. I have the properties and my investors lined up and ready to go. The numbers pan out for a 10-15% return. Everything is ready to roll.The problem I'm st...
David Chance
Self Directed IRA - checkbook control or not?
Looking to see what type of SDIrA others who invest in notes are using --> checkbook or custodian. I don't like all of the custodian fees, but I think it is safer (with regards to the IRS) than the checkbook.I'm ...
Anurag D.
Selling Investment Rental Property:Tax avoidance options and 1031
Hi,We are contemplating selling one of our investment rental properties in a profitable market, and intend to encash all money.We had below queries:Sell Price = Initial Principal Downpayment + Loan + Closing Cost + Ta...
Alejandro Hayden
Turnkey Company Fees
Greetings BP!What kind of fees should one expect to pay a PM company? Are fees like these common for most PMs?- Account Setup Fee- Leasing Placement Fee- Renewal of Lease Fee- Bill Collection & Payment on my behal...
Zeeshan Mallick
What are all the Upfront costs of an FHA loan, specifically MIP?
Hello,
I am looking to buy my first rental property via house hack when my lease expires in July 2020. Because a shortage of initial funds, I am going to put a down payment via 3.5 % FHA Loan. However, I have a few q...
Andy Olsson
Broker lease commission seem fair?
Can anyone with experience with lease commissions for a NNN property give some advice here? We have a stand alone building in the Phoenix area, currently occupied by a national fast food chain but they are leaving thi...