Katrina Cabral
1031 exchange question - Can I stay in it while renovating?
I think that the rule with a 1031 exchange is that you can not live in the property for the first 18 months. However, I'm buying a property that needs major renovations. I've been told that I can stay in it while reno...
Michael Murphy
Double Closings
I have just heard from a title company that a double closing or simultaneous closing is illegal here in Ohio and in the rest of the US. The CFPB does not allow it. Apparently you can not buy a property 1 day and sell ...
Tim Kirkpatrick
Steps in closing a deal
So, I have had a couple of deals which have falling through due to my lack of understanding the steps involved with closing a deal. Here is my understanding: 1.Have the seller sign the Seller Purchaser Agreement.2.Onc...
Lisa Tolan
What Do You Guys Think?
As you may or may not know, I am new to real estate investing. I have been trying my hand in wholesaling (online ads, bandit signs, etc.), but have yet to close a deal after almost a month of seriously trying.Just tr...
Rudy Manna
Impact of too many mortgage credit pull - Any solutions?
Got a few mortgages, and looking into more. However, every-time during mortgage there is a hard credit pull and 5 point impact. So when I am looking into 5-6 mortgage this year, that will send my credit score down sig...
James Fisher
Land Purchase & Title Insurance
I am looking to purchase a lot to build an investment property. Can someone provide a list of closing costs and whether the buyer or seller pays for each?Also, if you would like to share any advice, guidance, wisdom, ...
Account Closed
I have access to 750k,3 day loan@1%...How should i use it?
My name is Jason, I am a 37 yr. old disabled Navy vet and I am looking to offset my current income thanks to having to much free time and the desire to create a legacy for my daughter and family.
Corey N Coulter
Diving in! Looking for a co-investor!
Hello, this is my first post here! I am from Tucson, Arizona, and I am looking to invest in my first income property. I found a nice-sized ~1000 sqft per unit quad-plex (two duplexes) in a decent area of town listed i...
Vern M.
Which comes first, cash or deal?
So, I've been managing the maintenance and rehabbing of properties for other people for many years. I am used to dealing with several move ins, move outs, emergency repairs while still dealing with the operations of h...
Kiran Bhonsley
First buy
Hi,
Is it better to buy a foreclosed home or through a seller? Any experience in Sugar land/Stafford area?