Lupe Santiago
Licenses to do Hard Money Lending - California
Hello,
I'm doing some research into starting a hard money lending business in California. The loans would be first trust deeds on non-owner occupied residential property (lending to RE investors) and the business en...
Ashraf Farrag
Thoughts on converting my rental property to a lease option?
I have a fairly steady rental property. It was a former home of mine. I lived in it for 7 years and it has been rented for about 6 years. There still is a mortgage on the property and it has a decent amount of equity ...
Tim Wilderbeeste
Wells Fargo won't allow us to place property in LLC
As some of you may recall I made some inquiries on here a few months ago about the best way to protect our real estate holdings by placing them in an LLC. Well we consulted a lawyer and began the process through him o...
Bryan Hancock
Deduction of Interest on Home Mortgage on the Chopping Block?
I have seen several articles claiming that the deductibility of interest for your primary residence is on the chopping block to close our budget gap.
Does anyone know what is happening with this? Who is pushing th...
Account Closed
Guide to Credit Card Hacking for Flippers!
I'm not sure if anyone has brought up this strategy before but I'd like to share how I funded my flips starting out. I call it credit card hacking though thats probably not a great name for it with cyber crime and all...
Nettles Mason
Rent Price in relation to Option Fee
ARV 99,990
PITI 600
We have a 3yr lease with option
Our Option is Loan Balance at time of Closing. (currently 90,500)
I have a tenant buyer who agreed to to put down 5k and rent for 900/mon...
Jason A.
Help, served with Building Code Violation in Sacramento
We bought a foreclosure in 2008 in Sacramento County that had a large addition and we didn't check for permits. I know, I've learned a valuable lesson.
We were trying to refinance the property and for whatever reaso...
Jennifer Soelberg
Tenant Wants to Take Toilets that they installed
This may be a question for people specifically in Washington. One of our tenants was on a 2 year lease option with us but decided to back out before the 2 years was up. The tenant is claiming since he installed 2 new ...
Joey Nakayama
Move-in fee v. security deposit
As a Chicago landlord, I've noticed many local apartment listings that ask for a non-refundable move-in fee instead of a security deposit. I suspect this is partially due to Chicago's strict laws regarding security...
Edwin Campos
First 5 actions you took to be a real estate investor?
What were the first 5 steps you took to get started on your real estate investing venture?