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Hi Guys,
in FL,
HOA is foreclosing on a house in a week - Lien of 25k.
the property also has a 1st position loan (Reverse mortgage) that also just started proceedings with no set date or "Final Judgement" numbers ...
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We bought a single family home near downtown Denver, gave it to a builder for constructing a duplex after doing a quit claim to an LLC in 2018. The Duplex finished building in Summer 2019 and we sold it in fall 2019. ...
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My LLC was form and office in the US who own all the properties. The LLC already have an EIN. Properties acquired last year 2017 and are still under repair and no income for last year. Do i still need to file a return...
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I am under contract to purchase a HUD property that has been vacant for about 2 years. I am having an inspection performed next week but they will not allow me to turn on the water. I do know that it has failed a pres...
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Hi all--
New to the board with a quick question.
I have a nice older home with a garage apt. in a depressed area that cashflows marginally... great for awhile, but the area is flat, taxes and insurance are going up ...
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When doing our first flip project, we purchased the home in our personal names. We used money from our LLC account for the purchase, but IIRC the actual cashier's check to title company was in our personal names. We ...
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I have recently researched Lonnie styled mobile home investing extensively.
Lonnie doesn't cover many of the issues which I have come across in any of his books.
All of these are issues are subject to the state o...
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Hi BP Community -
I am under contract for a 2 family home in Bound Brook, NJ built in 1880. Property is in okay condition but has some leaking pipes in basement and needs a water line for the 2nd unit to have bette...
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Hi everyone, I recently purchased a rental property in a condo managed by an HOA, and I’m dealing with a challenging situation that I’d appreciate advice on. Shortly after closing, I discovered that the roof above m...
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To the group:Often within podcasts, speakers discuss 30 year fixed/residential, FHA loans and even non-recourse loans. I have yet to find a lender (short of a hard money lender) who deals in anything over a 7-year fi...