Rodney Hunter
Should I refinance ?
I have a property that will sell for 190k and it's free and clear. I also have funds allocated toward the rehab. Would it be better to refi and keep the 25k toward the flip. I had plans on doing a 1031 exchange on it ...
Josh Sterling
Brokers license
After some research I have found that many states require a broker's license to form a property management company (mine does) and it takes 3 years as a full time real estate agent to get a brokers license. Is there a...
Ali Samana
Short sale and the home buyer tax credit
Hi,
I have a short sale in process right now for personal use. I know we don't have to close until the end of June, but what exactly has to be dony by the end of April? I don't want to lose out on the free money fr...
Philip Lilavois
What are banks looking for? (refi?)
when applying for a cash out refinance on a property that is owned what do banks/borrowers look for in an applicant? Is a mortgage broker more effective in this situation?
Sarah Dinsmore
Wholesaling Foreclosures
Hi, I'm new to BP and I have a strategy question. I know several people who have steady income but might not qualify for conventional loans because of their debt to income ratio (due to high student loan debt and/or ...
Dan Burghardt
1031 Exchange - Timing Is Everything
I am looking to move forward on a 1031 exchange and trying to decide on a "Qualified Intermediary". I am already putting down 25% on two new duplexes (pre-rented) which leaves me with an extra 50k. Should I investigat...
Darrin Smith
Business entity question
Hello,
I currently have a property management business (LLC) in the state of Maryland and a partner in the state of Virginia. Is it possible to hold my MD real estate license with a broker in the state of Virginia b...
Frank Kucka
VA Lender
Would like to know if any one had or knew a good lending group in the downriver Michigan area that deals with first time VA loans?
Zayne Kendrick
Where do I find quality leasing agents to help me show/fill my lease option homes?
Hi guys, maybe you can help.
I need to find some quality leasing agents to help me find/qualify tenant/buyers and show my lease option homes.
How would I go about doing this? Do I just call realtors in the area I'm...
Rahul Handa
Question about Captial Gain tax
I am planning on buying a SFH through FHA owner occupied loan, fixing it up and then selling it. How long do i have wait so i can sell it without paying the Capital Gain Tax and also how much is it for me to pay. Than...