We made a tough family decision to move my mom into a senior living environment from her family home. I decided to rent the house instead of sell it and in preparation, gave the house a much needed makeover.Part of ...
I have a project I am putting together for a 24 unit apartment complex. What is the best way to approach and structure a deal for private money lenders for financing the project? I have not used private money before a...
I've been using this screening service for years without issue.
However, it appears things have changed.
I have an application I'm screening which also has a co-applicant.
The co-applicants screening came back wi...
Can't sell our residence in MN and are forced to rent it. Cash flow is break-even or slightly negative if I rent it out. Can you help me understand the tax benefits?
Monthly outgo: $840 PITI + $110 Property Managemen...
Haven't heard, read, or ran into this before. I purchased a house that was listed as a triplex on the auditor's site. It has three separate meters and looks as if it was done properly. When I went to get the city ran ...
For starters, I live in an oilfield town. For me (and many others) this means living somewhere that has a huge influx of people and not enough resources to accommodate their needs. For example, storage units! Today...
Hello Everyone!
I'm in need of help. I work at a local financial institution and was informed I would need to type up a letter stating what my business will be about and how it works and have it submitted to ...
The short answer to whether licensed real estate brokers/agents should obtain their NMLS mortgage broker license is: Yes.
I began my RE career in 2003 during the 'boom' times as a mortgage broker. It was my first re...
Hi, all. I'm an investor through Groundfloor.com, and things have been okay. No whiz-bang profits, but fairly steady growth. Not a ton or charge-offs like LendingClub.com seems to be plagued by. The biggest issue ...
Hi all,
Im from NY and looking to invest out of state for obvious reasons. I've been in the "analysis paralysis" state for a few years now and i think im finally ready to take the jump into real estate investing. I'...