As a wholesaler with a signed TREC contract with the seller of a property, what prevents the potential buyer from going directly to the seller and offering a lower cash price?
Does the TREC contract contain language ...
I'm not sure this even makes sense so here goes.
Property for sale is a 57 acre parcel with a subdivision in place for 6 parcels. One of the parcels is an old farmhouse with 3 acres. We are interested in purchasing t...
Hey All, I'm going through some cash-out refinancing on two of my duplexes and wanted to get some feedback on the terms. I'm working with a DSCR lender if that makes a difference. I started the process about two mon...
Hi everyone! I am trying to understanding the history of interest rates for an LLC loan. My partner and I are in the middle of purchasing a duplex in the Philadelphia area. We are taking a loan out on the LLC with one...
I am evaluating a complex in a tertiary market with 8 residents who are delinquent in rent ranging from 55 days to 104 days. Current owner said he took it over in September from his partner and blamed poor renter vett...
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
Is there any penalty for paying down a mortgage early? I'm trying to get started in DC and the down payments needed for a conventional loan is 20% however, for a standard duplex that's in the 140k-300k range. I'm not ...
Ok, I have read a lot of posts on this subject and I am still unclear on what you can and can't do. But, it appears that I may not be able to do what I was hoping to do...Here is the scenario: I have recently "retired...
I was raised to believe that the most valuable asset in business, and in life, is integrity. Your word is supposed to mean something and personal ethics are paramount.
This week my article on the BiggerPockets Blog w...
In Atlanta GA...Tenant complained that the heating units in the property were not working properly. I sent a tech out to check on the heating units work fine. The tenant claims that the tech mentions that the propert...