I'm curious to know if it is possible to use a 1031 Exchange to go from a non-owner occupied multi-family to an owner occupied multi-family. Are there rules prohibiting that?
I have a friend whose, daughter is getting her first apartment. She only makes 2 times rent and they require 3 times as most do. They would accept her if her father (My friend cosigns). I have not done cosigners so I ...
We are all familiar with issues related to service animals (specially trained and certified dogs) and assistance animals (such as emotional support animals of any species or breeds).This post suggests a compromise res...
Most Common Incorrect “Facts” by the Inexperienced
1. It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)
2. If a property owner stops paying on a note the lender just...
Hi, everyone! I was sitting around with a few members of a Meetup group I am in. The question was asked "if you only had $500 to start your first business, how would you use the money?" So, I thought it would be an in...
Im closing on my 1st subto deal at $300K(240k mortgage balance, $60k Partial claim balance) Seller interest rate is 3.4% payment is $1900. I'm looking to wrap this to a end buyer for $350k at 9% interest 10% down. Sho...
Hi everyone,
I am a finance professional in Toronto and I want to explore a career as a a real estate developer. Could anyone who has become a "self made" developer please provide some guidance on how they did it? I ...
I'll try to keep this short...Have done 3 mailings ( a combination of yellow letters, hand written and stuffed in pretty envelopes letters, postcard mailings). Total cost approximately $2,500. Response rate roughly 1-...
How do you folks handle nail/screw holes in walls. Filling them in not an issue but I'm seeing some renters are using anchors. Additionally, trying to spot paint even a white wall with white paint doesn't work, let al...
I have always been fascinated with real estate.I started in 2000 investing in a couple rental houses.My "AHA" moment came in 2008 to move away from the single rentals and graduate up to large apartment complexes.My ba...