Alexander Quan
Owner occupied purchase transition to rental property
Hi BP Community,So my wife and I are in escrow for our first duplex purchase. The financing option was:1) 5% owner occupied2) 25% investment purchase with 5% from us and were going to get the remaining 20% down from m...
William Joseph
Old owner left guns in the property
Here is the scenario:I just purchased a property in Connecticut. The old owner is in assisted living an left anything he didn't want (trash out was negotiated as part of purchase price). The seller left a number of gu...
Peter Lim
Acquisition Troubleshooting For Sale by Owner Properties
Hi BP Family, what happens to the amount a Seller owes on his mortgage?a) Buyer must pay off the loan before acquiring the property? b) Bank allows Buyer to take over the mortgage?For example:After repairs Value = $15...
Howard Hendler
Owner Responsibilities Over and Above Property Manager
Hello, I'm interested in understanding the responsibilities of a property owner that would not be handled by a property manager (or that would be a la carte items). For example, are the items below the responsibility ...
Don Nelson
HELOC on Non-owner Occupied Property - Denver
Having a hard time finding a lender in Denver who can do a HELOC on a non-owner occupied property. The property is located in Commerce City. I have excellent credit. Property is currently worth about $300K, with $7...
Sarah Santos
How to identify properties with absentee owners??
Hi BP community!Does anyone have insight on how I can identify properties that aren't owner occupied? Also, do you have any advice on contacting homeowners in preforeclosure? I have heard on a number of occasions that...
Greg Fontenot
How to find owners of abandoned property
I have found out the owner's name of an abandoned property and would like to know the best way of contacting them.Thanks,Greg
Jason Elliott
Owner or renters in foreclosure auction property
Is there any way to discover whether the occupants in a foreclosure auction property are the owner or renters of said property? Makes a big difference when it comes time to evict the occupants.
Dil Naik
airbnb tax info for multi-owner property
Hello,
I believe someone else might have gone this and hence might be able to provide me some help in tax filing information at airbnb.
Few months back bought property at Florida and have been renting it out via a...
John Anderson
Transferring property between LLCs w/ same owners.
My partner and I own a fully paid off property in an LLC. The LLC is incorporated in NC, but the property is located in South Carolina.
We would like to create a LLC in South Carolina and transfer the property fro...