Raj G.
Private lending, hard money lending, License requirement in NJ
Hi,if I want to lend money to my friends who are investors/flippers. do I need license in NJ?What is difference between private lending and Hard lending?is there any terms and conditions like up to this amount no lice...
Andrea Nielson
Student housing
We are preparing to rent our newly acquired house to students in the upcoming semester. We are not comfortable having men and women tenants together. I have seen on other real estate sights a possible exemption for ...
Robert G.
1031 exchange ?? Selling primary residence
Hi all,
I am currently listing my home for sale (lived in it for 18 months) with my realtor and plan to net approximately 61K after closing costs etc. I want to take a portion (or all of it), and put 20% down...
Oscar Buendia
Advice Needed - taking over remainder of loan/buying from mom
Hello everyone,Mother in law has a condo in CT with about 37K left to pay on it, nearby similar condos have been appraised at around 90K to 140K. My wife and I are trying to find out the best way to take over the loan...
Eric Bowlin
50%/2% rules do not lead to wealth?
I joined BP not long ago and learned about the 50% rule and 2% rule. Perhaps I don't understand these rules completely?.. Intrigued I sat down today to crunch some numbers:Assumptions:Expenses = rent*.5 rent = .02 * v...
Taylor Kendrick
A question about "appurtenances"
Hi there,I came across a section on appurtenances in my RE course and wanted to explore a hypothetical. First, here's an example of subsurface rights as an appurtenance (from the course):ExampleAn oil company buys the...
Josh McGuire
Question - First FHA in IN, Moved to CA, Second FHA Possible?
Fellow BP Colleagues,I have owned one SFR in Indianapolis, IN for roughly 6 years. I purchased via FHA but moved to Los Angeles, CA roughly three years later. Since then I have been renting out that property to some g...
Juan S.
Hud Homestore Contracts
Is anyone familiar with the way Hudhomestore.com handle contracts?I'm hearing that earnest money have to be sent to the listing agent before a contract is signed.This is not typical right?Is this a requirement for hud...
Brian Tootle
Local Banks and Credit Unions in Central Ohio
I purchased my first investment property a couple of months ago. It's a duplex in Columbus (43204). Both units are vacant and the rehab is almost complete. I am beginning to advertise for renters and am also starti...
Liz Deering
Orange County, CA Realtor
Real Estate Investment Specialist with a focus on first time homebuyers, investors, property downsizing and off-market opportunities in the north Orange County, CA areas of Rossmoor, Los Alamitos and Seal Beach as wel...