Andrew Grieb
Who is responsible for Utilities during a Foreclosure Inspection?
BP,I am making an offer on an REO property and my Agent sent me and addendum stating the bank requires that the Buyer's agent be responsible for turning on the utilities during the property inspection and pay for the ...
Eric Gulley
Wholesalers in Ohio where are you?
Hello all reading this I am a beginner wholesaler and was wondering if anyone local to me doing the same thing would like to link up and network and allow me to tag along on wholesaling deals. This would allow me to g...
Danae Meurer
Accounting for seller concessions
How does one account for seller concessions from the HUD-1? Is that amount subtracted from the basis, or is that money allocated proportionally to each item in the closing costs it covered?Also, if there is a Lender ...
Scott Ashworth
New Buy & Hold Investment in Cary, NC
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $242,250
We just purchased this property (April 29, 2021) - Seller will rent back for $0/month through July 31, 2021. W...
Sophia Bahena
What would be the Max LTV in NC
Hi everyone! What would be the typical / safe to assume max LTV offered on an investment property in NC? TIA
David Bittorf
Can you use your 401K to buy real estate with getting taxed
My father-in-law, who is in his mid 70s was wondering if it's possible to use funds from his 401k for a down payment without getting hit hard on the taxes. In other words can the 401k essentially be transferred to re...
Linda Thomas
Order of Possession granted
Hello all,
I am looking for some help please. Order of possession was granted. Constable got him out but the appt he expressed that he wanted to come back for all his personal belongings as he didn't HAVE enough time...
Ninu Arun
Rent or sell your existing home : How to calculate
We own a townhome and its our primary residence for the past several years. It has 14 years left on the mortgage at 1.99%.
The principal and interest is 1311 per month. Taxes+Insurance+HOA is 577 per month.
We rec...
Robin Lee
Bought house at auction that has an owner occupied in law suite
I bought a house at auction and it is zoned for only having an in law suite if the house is owner occupied. I am nervous to call the town and be put on a radar. Want to weigh my options first.Is it possible to rent th...
Julio Ochoa
Unique investment strategy for building passive income!
Hi, my name is Julio Ochoa. I am an investor/developer in Northern California.There are a lot of opportunities here to find land allowing 4 units, and build new fourplexes. Using Airbnb can 2-3x the income of a rental...