Is a lender privately owned, not like a bank?
I plan on bidding on a property next week. I just want to make sure I've been doing my due diligence properly. Here are the steps I took:-Read through the complaint and checked the promissory note and mortgage attache...
We are in a complicated situation and would like some advise. We carry a mortgage for a town home that is from a month to two months slow pay. They usually pay a late fee when they do pay. The owner of the unit is ...
My business partner and I have an LLC, 2 target markets, a small amount of personal money, and we have located multiple buildings we are interested in. As excited as we are, the next step seems daunting. We have an EI...
Hi everyone! I am currently helping a buyer purchase off market properties in Passaic County. I found a motivated seller, and we agreed on a price after the seller explained that there was no mortgage on the house or ...
My first post!
Hello, I can't seem to get a proper answer on this topic: Is mortgage interest an expense?
Some people seem to include it, other seems to think it shouldn't be included because the mortga...
Hi, new here..recently divorced. Awarded the investment property(cabin) with no mortgage and home with $155000 mortgage. Would like to 1031 the cabin and assume loan on house but my monthly income is child support $11...
Hi! So I am still super new to this whole real estate thing. I have sparked a ton of interest for real estate being my job after I graduate, I made a post a couple weeks ago asking for tips and thoughts to get started...
Hi,My husband and I have 21 rental units and decided it was time to move them into LLC's (separate LLC's for each property). Does anyone have any book or website recommendations on how to properly handle the financia...
Ok, so, this may seem a little odd, but I was having a discussion with my mother about how you'd calculate your net worth with your real estate. Now, I understand that the basic formula for net worth is Net Worth = As...