Greg Braun
No Deed/Title after Foreclosure and Chapter 7?
My direct marketing led me to a homeowner with the following situation:He went through a foreclosure several years ago; to which he thought he lost the home, and then it sat vacant for four years. He apparently still ...
GERT S.
Tallahassee Multifamily - good or bad deal?
Hi everyone,please check out this listing...http://www.loopnet.com/xNet/MainSite/Listing/Profi...Price:$399,900No. Units:32Building Size:14,400 SFPrice/Unit:$12,496.88Is this a good deal?Looks like there needs a lot o...
Sandy Metivier
Convert a Vacation home to an Investment property for 1031
We have our house in Lake Tahoe, California for 6 years for which in the past we've used a portion of the year as a vacation house (random weekend visits mostly, but a couple of summers we lived at the house), and had...
Abdullah Rubiyath
Putting cash offer (funds available) but using financing?
Hello everyone,I am considering putting all cash offer (I have funds available - read more below), but I will be using conventional financing as it will be owner occupied by myself. Could anything go wrong?.I found a ...
Kevin Phillips
Coming up with a direct sale offer
Hey everyone, I am in a unique situation and looking for advice on how to come up with an offer to my landlord. A couple years back, I was in talks with my landlord about purchasing the house I have rented out of for ...
Laurence Fru
Accidental Landlord - negative cashflow?
Hey all, Due to a change in circumstances, and a poorly (unfortunately) timed purchase of a condo. I'm going to need to rent out my condo. For some detail - the unit is worth less than what I paid, and I have a pretty...
Elizabeth Clyde
Why the HUD VASH program became my real estate companies primary
I have a couple older real estate advisers and some own around 10-17 properties.They always stress business practices that guarantee their ROI…because they remember buying properties at 500-5,000 and really making hug...
Brad Waterstraat
Question for all Appraisers
Hello,Back in July of 2020, I purchased my first investment property. This property appraised about 17k lower than the agreed upon price because of the back porch. The enclosed back porch is not heated or insulated, a...
Jennifer T.
Zone as 5 unit (commercial) or 4 unit (MF) for cashout refi?
Hi all,
I'm analyzing this deal in Philly that is a 5 unit home not legally zoned. It's a SFH that's been divided and rented out as separate units. I'm thinking of using a lawyer to apply for zoning/use variance but ...
Sanford Myers
Tiny Mobile Home Park
I have an opportunity to purchase a small mobile home park with 3-4 pads. There is currently only 1 mobile home on the property. It is a 1973 12 x 66 3 BR, 1 Bath that basically needs to be gutted. It needs new floori...