Tedroy Johnson
LLC or No LLC
Hi Everyone,I'm a newbie from Brooklyn NY and I'm closing in on my first investment buy and hold property (single family) and i wanted to know if its necessary to have an LLC setup before or ok to have it done after?T...
Sue Loomans
HUD house w/ accepted offer vandalized
Made an offer on a HUD house in Milwaukee yesterday and it was accepted today. Went to see it again this evening and noticed that the AC compressor has been stolen along with interior copper. It was all intact yester...
Ivan Reyes
Deed restriction with Fannie Mae foreclosure.
My partner and I are ready to sign off on a contract. Its a Fannie Mae foreclosure. Its being sold through an agent with a management company.
We just got the contract and article 14 has a deed restrictions. It basi...
Ed Allen
When should show my investor my assignment fee agreement, at the begining of the transaction or a f ew days before closing
Hell BP Nation , I have 2 deals pending from wholesaling. My question is when should I disclose my assignment fee to my buyers , immediately or a few day before closing ( i feel if I wait that late they could back ou...
Tom McMahon
Does the name on mortgage need to be changed to protect liability
Hey Everyone!New Investor here in Charleston SC! My wife and I are in the process of converting our primary home into a rental. I have created an LLC and plan to transfer the property title to the LLC. My question ...
Donald S.
Am I missing something or is this as good as I think?
Hey everyone, I'm new to this so when I ran the numbers with the BRRRR calculator I thought, I have to be crazy. Can someone help me, am I missing something here or should I go for this immediately? (note, my "repair ...
Roy Mitle
Trying to understand cash out refi
Suppose I buy property with cash (to get a better deal, quick close etc). Can I refi with a mortgage and get the same rate down the road?Let me explain. Say price of home is 500K and investor mortgage rate is 4.5%. I ...
Sundeep Amin
Do you use the same metrics to analyze a vacation rental as you would a regular rental?
Hi Everyone,
I've tried searching through the forums for some info on this, but haven't found anything concrete, so figured I'd ask.
My question is whether you need to bump up normal assumptions, RE mai...
Kristin Cooper
Investing during Covid
I am a relatively new investor with just a few properties under my belt. I live in Northern CA and have had success investing here, however I am finding that there are much better deals to be had elsewhere and then C...
Holly Scott
Crawl Space Vapor Barrier Costs in Colorado
Hi all!I am in kind of a unique situation with my seller, as he is an attorney overseeing a bankruptcy case and multiple homes within the bankruptcy. Anyway, he gave my realtor and I an opportunity to go to the proper...