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Hi everyone! I am an international investor new to the US market. Every year, I stay in the US on business visa for a couple of months and scout for multifamily properties, mostly in Chicago, NYC and Boston areas. I f...
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I'll preface this by saying that I know that I need to get legal advice and will do so before taking any action. This situation is on a short time fuse and I need any useful information I can get.We purchased an NPN w...
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Hi
I've been accumulating properties fast, and renovating them fast as well. ( 3 years, 43 units, 12 properties, all needing quite a bit of capex) as a result we had hideous tax returns for a year or two but they're ...
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My brother has bad credit and currently has a mortgage with an interest only variable loan on his primary residence. He asked if I could add my name to refinance the property to get a better rate (30 year fixed). Luck...
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I bought a non performing note in Kansas City. It is an institutional note that was originated in 11/2006. Next payment due was 1/2007. This was an investment property. I believe the borrower cashed out the propert...
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Hello BP-
I formed my LLC a few years back as a multi member... however, I am married to the other member (no other members besides us) and think it would make more sense to transition to a single member LLC, since I...
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I've been approached by a potential buyer about purchasing one of my rental properties with a contract for deed arrangement. On the surface, it is a very good deal for me, but i am unfamiliar with contract for deed tr...
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I have bought a house in the city of Philadelphia July 2016, the recording happened on that time and it has been a year so far , I was selling the property but the buyer insisted on using certain title company which m...
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Here is the scenario:
Person A is a divorcee who is underwater on her primary residence. It is a national lender who services the loan and she wants to list the property with a broker. She wants to short sell the pro...
My fiancé just received notice from his landlord that he’s needing to sell the commercial space he’s leasing. The government is offering the landlord x20 more than what he’s paid for. My fiancé’s lease was up 5 days a...