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If I buy house for investment i run the numbers and everything look good but and its a big but... the house on flood zone from 1-10 he at 9 now let me make it clear its not a lake or something close to it city close t...
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After I paid 75% of the expense to fix the egress windows, my lender backed out of the deal for another detail that was mentioned in the appraisal. I frantically reached out to 4 mortgage brokers and 1 bank. Amidst my...
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Hey Everyone!I have recently found that I want real estate to be my primary investing option. My first step is to buy a house and I want to house hack by purchasing a home and having my friends live with me. They woul...
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Hi everyone, I've been trying to find my first real estate investment and am planning to house hack a duplex and finance using FHA. Live in one unit, then rent out the other. However, the ones I'm seeing are fully occ...
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I have a small (700 sq ft) 2 bedroom SFH short sale with a negotiator in place. Selling price is $55,000 with a ARV of $80 to $90,000 with $5,000 in rehab costs (max). Income potential is $12,000 annually. I'm lookin...
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I know there are a ton of posts out there on the subject of whether or not having a real estate license is necessary but every answer I have seen is so vague. I am from CA and I'm currently learning about lease option...
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So I currently have flip that is almost done but past profit point, I wanted to refinance to my name, to sell or rent. My question is , would I get taxed just for difference of loan and sale price, or would the money...
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I am not sure if this is in the realm of possible/ legal... but I am purchasing a property for $400k (sold the last property for $320k) via 1031 exchange. I have $125k sitting with the intermediary. The property I a...
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Background Information:
So this guy is selling his duplex (he lives in one side) on the MLS that is obviously overpriced. I understand that he wants to get the most for this property, but according to comps and my ca...
First time post, long time lurker. Please excuse if this is on the wrong board.
We have a purchase agreement in escrow for a property in the city of Los Angeles. The property was going through probate and the sellers...