I am looking at buying a foreclosed property that is labeled as stigmatized. There was a suicide in the house in 2016, and I'm torn on if I should buy it. It's about 50% remodeled already and the rest of the work is...
Hi all,Is it possible to get a commercial loan on a portfolio of single family houses? That way I would not have to deal with 10 different mortgages? Or would this be classified as a residential loan due to the types ...
property is a duplex with a attic studio. now the attic studio has a separate entrance but no fire escape so that is a liability. however I will be house hacking and living in the attic and can't sue myself lol.
The u...
I would like to move my medical practice business (LLC) into a suite of a commercial building (different LLC). I will lease the remainng space to a separate tenant. Can my business LLC pay by real estate LLC rent at m...
Yes Im cluttering this board with another LLC question.
Im dreading having to pay $800++ to california for a LLC. Id rather take that and spend on marketing. So Im looking to setup a LLC out of state for now. When I ...
Here is what I am considering for my 1st deal:
$63k purchase price for a duplex
Rents are $550 each unit + utilities
RE Taxes are $1,517 per year
Here is what I underwrote:
20% down
6% fully amortizing 30 year loan
...
Hello:
New at this and I have a question regarding the sale of my personal residence. We live in a small community about 35 miles west of Aurora, Illinois. In July, 2006, my wife and I refinanced and took a second m...
Hi Everyone,
Haven't posted on here in a bit. New to wholesaling. Still working on first deal.
This is for a townhouse:
Comps show 115-125k (6 months back w/in .5mile) ~120 conservative.
Tax value is 95k.
P...
I’ve owned a condo in Aiea since 2002. I’ve rented it out to the same tenant since 2010 for about $2500. They are leaving. I live out of state. We converted a two car garage into a nice unpermitted apartment under the...
I am looking at my first "large" real estate investment. I have a seller who wants to sell 3 duplexes at 140K each where I would buy outright... finance with a bank either separately or all together on a commercial lo...