Rich Somers
Is it common for seller to not provide tax returns for property?
My lender asked for seller to provide tax returns for the past 3 years of a 5 unit i have under contract, and seller said no. My lender said it’s fine but it limits the number of banks that would be willing to lend t...
Gail Padon
LOC on a business account and how it effects your credit.
Hi, I am a buy and hold investor and am looking to grow my portfolio. I would like to obtain a LOC to brrrr properties. I will get the LOC on my business account but I also want to buy another home to live in with my...
Simrun Mirchandani
HELOC a good time right now?
I recently appraised my house and found out I have a substantial amount of equity. I planned to use this equity down the roa to fund a flip, but with the current situation and the possibility of home prices declining ...
Susan McBride
Can I deduct closing costs I am paying on behalf of the buyer
Hi. I am trying to find out if I can include closing costs I am paying on behalf of the buyer in my capital gains calculation. They want to increase the price they are paying for the home and have me pay their closi...
Scott Passman
Fannie Mae 'Due on Sale' Exemption
Here is a link ( https://www.fanniemae.com/content/guide/servicing/d1/4.1/02.html) to Fannie Mae exemptions to "Due on Sale" clause that includes the following: transfer to a limited liability company (LLC), provided ...
Ben Bradley
Transferring existing bookings to new STR owners
Hi All,I am under contract for my first STR property. The existing owners asked to transfer the bookings over (and I believe chapter 42 of the NC laws state I have to accommodate that). However, I am curious if anyone...
Michael Lautenslager
Planning the exit strategy
I am looking for insights from brokers and investors to compare the exit strategy of a project that can be executed in a couple ways. I understand there will be some other variables and influences but I would like to ...
Rob T.
Moral/legal issues of deal seeking as an agent
I have recently passed the necessary tests to become a licensed real estate agent in Arizona. However, I am hoping to better understand the moral and legal implications of becoming an agent in regards to marketing/se...
Robert Menn
Cemetery
Anyone have any views or experience with buying a multi-family as a rental property that is adjacent to a cemetery? Does this turn away renters? Should this impact value long-term?
Patrick Sanders
new doors and windows
does anyone in the Nashville, Tn know where of a place you can get good deals on buying windows in quanity and also doors in quanity. im rehabbing my first house and need insight on where to get good deals on stuff be...