Hello, I have never purchased a property but am looking at buying one this summer and would like some advice/knowledge.
Background: 3 story Victorian house. 2 bedroom 1st floor apartment, 2 bedroom 2nd floor apar...
Hello - I recently won a property at a Pennsylvania Sheriff's Sale auction. It was auctioned with a "free and clear" title. There are currently tenants residing there who referred me to their landlord (property owner ...
I presently have a portfolio of 25 doors. A mix of sfr, quadplexes, and one 3-unit office building. I’m pretty highly leveraged at the moment. Roughly 80% across the entire portfolio. I have a decent w-2 job, low 6 fi...
Hello everyone, had a question regarding partnerships. My friend and I are going to on a duplex 50/50, splitting the down payment, expenses, cash flow etc. What’s the best way to set the partnership up legally? Any ad...
i own a home free and clear. i have been renting it to a man for 3 years. he has always paid. sometimes late but always paid. home value is around 40-45k (assessed value 54k). rent is 750/month. some months when...
Hello, we decided to sell our short term rental property in Sacramento area. what will be pros and cons of selling without a realtor? we had that property under 2 years and we pay a lot of mortgage. If we hire a realt...
Morning BP,To make a long story short I just spoke with my lender about acceptable transfers on my mortgage and they have determined that a deed transfer to an LLC is an “unacceptable transfer”.From your (the communit...
Hello all! I am a young 22 year old and I work full time as a Sales Rep (salary+commission). With the info I received so far, I am able to qualify for a mortgage of about 225k. Given the current market prices, this is...
I signed a contract around Jan 2020 for a new town home (earnest money - $7500) in Atlanta and closing is on April 27th.
Seller(Lennar) already started selling for lower prices due to Coronavirus effect, can we ask ...
Good Morning BP,My business partner and I are in the process of purchasing a property. We are looking for advice on the best way to manage the shared down payment, for tax purposes. I'll try to outline the details as ...