So I posted another topic on BP about how many SFR's in a LLC was too many. I was taken aback a little bit when the first 2 replies were that I didn't even need an LLC, just a good umbrella policy. I replied back...
I was always under the impression that a VA loan could not be assumed for investment purposes and that it must be for a primary residence, which typically means occupancy of the residence for a year. However, while sp...
*FAS = FUNDAMENTALLY ALTER the nature of SERVICES providedWhy has no one been able to turn down ESA requests based on the wording of the actual FHA law? From the FHAA Federal Housing Authority:[Landlords are required ...
Without a divorce, legal separation agreement, or child support order etc, a husband will buy the wife off the mortgage, have her sign a quitclaim deed on the property. She now has no ownership interest, is not listed...
Hi all - I’m starting up a lending business, all was going fairly well until I was told by all the banks in my area that they “are unable to establish a bank account for anything that is financially related.” Have al...
Greetings!I am one half of an Ohio based company (Smith&Dahl Holdings, Inc.) and am looking to connect with anyone who's interests align with mine. I believe in ethical business dealings and honesty in relationsh...
I won an action on Auction.com for a property bank owned by Fannie Mae. The property is subject to approval by Fannie. The contract and EMD was submitted over 2 WEEKS AGO and still no response! I can’t get ahold of an...
We currently have enough saved for a 15% down payment for our next rental property. When I called the bank to get pre-qualified they told me that we are able, but are very close to being denied because of our debt to ...
I figured after trying to evaluate multiple RE things that none of those is really to my taste. What I would like to understand now is whether there is a way to participate in an opportunity where some reputable compa...
Any tax guru here can help me confirm this: even I spend more than 750 hours/year on real estate activities (managing my own rentals and being a RE agent), because I have another full time job (computer engineer) so m...