Scenario:

We're buying two residential lot contracts from a local wholesaler who set them up as $30k and $95k when the market values are probably (needs to be confirmed to see what is capable of being built) closer t...

Suppose I'm making a cash offer (no financing contingency) on a property. Reasonable seller is going to want some kind of proof of funds. Which of the following, if any, would suffice?1. Current bank statement showing...

My partner and I just formed our LLC as co-owners. We are trying to determine the best banking option for our business and have come across a lot of recommendations online to form capital accounts to help track each m...

I am trying to educate my self on the financing side of the deal and cannot seem to wrap my head around getting a HELOC vs selling outright.  Does anyone have experience with how to run these calculations or at least ...

does adding inquiries to increase credit limit in order to lower DTI during underwriting mess up the whole loan?

Hello, what should i be looking for when selecting a general contractor? Any recommendations in Baltimore MD? Thanks for your help.

Hi good afternoon I would like to get some recommendations about you guys:I would like to know, how to deal with a partnership?Imagine that you have a partner, that just put 50% of the money, to purchase a rental prop...

Hello , I'm a general contractor in Los Angeles (S corp) and also own 3 properties in an investments company (LLC). My S corp make much more $ than the LLC. What I need to do in order to buy properties from the S corp...

Hi all,I'm taking the first steps of setting out the goals I want to achieve in the next 5-10 years and I am running into a question I'm not yet sure how to answer.Let's say I want to buy 12 properties in a year.  Usi...

Just got an email from a former tenant. I returned his security deposit 8 months ago, but he never cashed it. Now he wants me to write him another check. Of course right after I just did all my bookkeeping and taxes. ...