David Bayon
1st deal under contract
We (my wife Heather and I) are excited to announce that we have our first fix/flip deal under contract. We have funds for the repairs, but need funding for the purchase. We have a closing scheduled for 8/14. Here i...
Reid R.
Help! FHA buyer on CAIVRS list after SBA loan discharge
Good Morning,
My client had a SBA loan discharged in bankruptcy over 3 years ago. They are scheduled to close on Monday (FHA) and yesterday the lender ran the CAIVRS report and they are on there. We have called the ...
Dylan Baxter
Question on obtaining financing for a second home
Hey Everybody!
My wife and I are looking to turn our current primary home into our first rental property. Our lender told us that we have to have a tenant's first-month rent and security deposit before getting approv...
Megan Pacione
Getting started as a Vrbo or AirB&B host…advice appreciated!
Hi All! I have a home (out of state from my home) that would make a good AirB&B/ VRBO property. I am doing my homework on what being a Host Owner means and all the details involved. I would be managing the schedul...
Clayton Bray
First Time Investment Buyer without Agent
Hello Good People! One of my neighbors could sell me his house and I know its a complete remodel. Should I have a contractor walk it first before I make an offer? Do I ask for an inspection contingency in the purchase...
Nathaniel J Mott
Terminating a contract
I had an inspector come in to check out a house I have under contract this morning. The owner had been renting it out since 1985, and when the tenant moved out he neglected to turn the water/electric back on. The insp...
Sushrith Piduru
Information on Series LLCs
Hello, I was wondering who will be the right person to talk to on createing a series LLC (CPA, Lawyer etc). I currently have 5 multifamily properties under difference LLCs, i want to structure these under series LLC. ...
Maximiliano Rodriguez
Money recover after bank reposes home
How much money an owner can recover if the bank take the property to an Auction? Some data: The value of the house "as is" is $100K the owner has a reverse mortgage for $80K. The repairs might be on a range of $50K an...
Chris Olson
Seeking Joshua Tree Cleaner / Handyman
I'll be closing on a STR in Joshua Tree in the next week and need to quickly assemble my team. Does anyone have any recommendations for a great cleaner and/or handyman?
We had originally planned on using the propert...
Olivier Nallet
CPA Recommendation for Fund / Private Equity / Fund multi-states?
Hello,I didn't want to spam and ask for a recommendation in a post, but I scrolled in this forum, and I could not easily find an answer. The search does not trigger anything handy (try searching for "CPA" or "Accounta...