Virginia Jones
My Business Plan
Hello everyone,I recently made an offer on an REO property and it got accepted! Closing in 30 days.Attached is a business plan I created for myself a couple months ago. I would appreciate any feedback or comments you ...
Wesley Hu
Quadruplex with rent control hidden costs?
Hi all,I am in the process of purchasing a quadruplex for the supposed high rental income, but I would like to know if there are any costs I should be worried about especially since it is under rent control. The units...
Mike Thomas
Depreciable closing costs
Hi folks,I am sure someone out there knows the answer to this... What are depreciable closing costs?I think this means the seller is trying to get the buyer to pay for the depreciation that he has taken on the proper...
Account Closed
Is there a way around leans
I'm a wholesaler in the Dallas area. We keep coming across houses that have large amounts of leans.
Is there a way around this? Do we have to just bite the bullet and take a low profit or walk away from the house? W...
Namita Mittal
Survey shows the land size is less 58% than in MLS
Just 1 week before closing, the survey result shows that the actual plot size is 2.03 acres compared to 3.6 as shared in MLS. The house is in NJ and in a prime location. The house is for 700K. What are my options for ...
Colin Sullivan
How long before I can qualify for a mortgage?
Hey all!Getting back into the world of W2 employment after a long spell as a 1099 worker. How long do I need to be continuously employed as a W2 to qualify for an investment property mortgage? Thanks!
Adrian Butler
Home Builders in Longview, TX
Does anyone have a list of recommendations for solid residential builders in the Longview, TX area?
Account Closed
Disposing of tenants things in Texas.
I foreclosed on a property and posted the proper Vacate the property paper. The former resident has some mattresses ect still at property also a part pit bull dog in the back yard that acted like it wants to eat me fo...
Orie Brown
Wholesale Closing Cost
Hey everybody, I had some questions in regards to purchasing wholesale deals and how much money you usually budget for closing costs as the investor purchasing the property from the wholesaler. Can someone explain the...
Lee V
CHANGING LLC OWNERSHIP PERCENTAGE?
I have a questions about changing the percentage of an LLC. Currently, I own 75% of our company and my partner, my wife now, owns 25%. We want to make it a 50/50 ownership for loan and other purposes? How do we go abo...