Brandon Stewart
Can you lock in sellers concession before signing sales contract?
I'm going to be doing lease option assignments. I would acquire the right to lease and purchase a home, lock in a few basic terms, like the home price, rent, # of years, and then assign my interest to a 3rd party. I w...
Nathan Ruffrage
HELOC increase without closing costs
Hey there!!!I’m an investor with a Heloc on a property that is very low. The property is valued three times that of the current line of credit. I understand some banks will simply increase your line of credit without ...
Jason Peters
Northern Virginia: LLC/S-Corp?
Good evening Ladies and Gentlemen,
As Northern Virginia could be a state of its own, I was hoping to stumble upon professionals with experience in this area. The question has been discussed with no end in sight, howe...
Mitchell Van Overloop
Which financing is better for 2nd property?
My wife and I are thinking about buying another income property and are wondering which route would be better. We could buy a 2nd property as owner occupants and get a FHA loan which would get us the property for less...
Jonathan Perez
Bunch of typos in lease. Big deal?
So the current lease I have the tenant under was from the last PM the previous owner had... before I bought the duplex, the previous owner had switched PM's from Rentmax to APM realty but of course kept the lease from...
Curtis Eckhardt
Determining when rehab costs are too high
Hello Everyone!I'm trying to determine what a reasonable price investors are willing to put into a recent purchase. I've heard about the BRRR strategy on biggerpockets and the rehab part is still a mystery to me. If y...
Andrew Howell
how illegal is this?
I have heard about investors buying multi family homes as owner occupied to get around paying 25%. If you rent out all the units and dont live on the property how would the bank find out and what are the consequences ...
Chad Skiles
What does in this blank?
On one of my purchase contracts, I have this paragraph: The Seller, at his option, agrees to furnish the Buyer, either a complete abstract of title certified to date, or a title insurance company's commitment to ...
Edward R.
Doing another Fire insurances Rentals with ALE
A Friend contacted me about a coworker who suffered a small fire at their house so needs a temporary place for 3 months. She put me (my 5* Airbnb) in touch with the person and he checked things out online and my virtu...
Mark S.
First Look Offers: Fannie Mae Homepath
If a property is a Fannie Mae Homepath property and there is an initial period of time where only owner-occupant offers are considered, is it true that ALL offers are considered AFTER this time period ends, or are the...