Just wanted to see what some of your thoughts are on the debt crisis and how it will affect real estate in this next cycle. There are a couple of things I'm seeing now: 1) crisis in Europe and to a lesser extent Asia ...

If I get a property under contract that has a mortgage. Is that mortgage then in my name? Who's responsible for the mortgage and will the lender allow the sale of the property with a mortgage on it. Thanks for the hel...

Hi, Can anyone explain the difference between jumbo and conventional loan?What is the limit for jumbo loan?Is it good to go with jumbo or conventional loan?

What would happen to my credit score in the end if I were to use an interest free credit card to finance a flip, flipped the house, and paid back the card?I understand that my score would initially go down b/c I am us...

Hello everyone!! I have recently won a money judgment against a tenant for small sum of money in Michigan. The tenant is moving to Ohio, can I still garnish his wages from Ohio? I plan on garnishing his income tax thi...

Have tenants renting our old new mexico home currently, but charge them the exact mortgage, so there is no current flow. How would we go about getting that mortgage down to keep rent at same rate, and start to profit ...

Hi All,My business partner and I are currently negotiating a mixed-use property. The property contains four apartments, one store front, and 6 individual garage spaces for storage. We are looking to acquire this prope...

Hello all...Does anyone know the details of a wrap trust? I found an offer for a duplex that was purchased under a wrap trust. The owner has been forced to move out of the vicinity and offers the property for sale b...

Hi All can anyone help us with the setup of Quick Books? We are just trying to figure the following#1  What is the best way to create an profile for each building?#2  What do we call each unit (tenant)  once we set up...

I purchased a duplex in NC in October of last year using a FHA loan.  I am living in one side and have a great tenant in the other.  The appraisal when I purchased came in at $100K and I paid $89K.  My mortgage is cur...