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On short sales. What’s more likely to be accepted; higher financed offer or a lower all cash offer? Also generally what % of loan value is the bank looking to recoup? Thx
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I’m under contract for a 4-plex and considering various financing options. I’m a buy-and hold guy so I plan to hold this for several years. Options are 5.625% with no closing costs, 4.625% with closing costs and 1 poi...
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Does anyone know of any online banks or local banks that deal in cash out refinance or heloc with a 6 month or less season period please share input
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BP community, a big question I have is concerning the tax benefits for someone considered a "real estate professional," or someone that has the majority of their work or income dealing specifically with real estate. ...
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Are certificates of occupancy required every time a house changes ownership?Is a certificate of occupancy required for turning on utilities/moving in to a previously vacant REO or foreclosed property bought through a ...
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I'm a new agent in Illinois. As a licensed agent, are you incorporated or protected under an LLC? I was planning on doing so for tax purposes as well as lawsuit shelter. Not that I plan on being negligent but RE agen...
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If the numbers were good with all things considered PITI, maintenance, vacancy, capex and management, would you invest in a remodeled property on a busy main street? Property is rent rented at $725 to $750...
Hi Folks, I am facing a rehub on 3000 sq ft house. Half of it has aluminum wire. Would you rewire or would you not? ARV starts at about 750k and can get to 1.1mil if I am lucky.
I haven't had the chance to go inside and look inside the house. The property manager is trying to sell as well. Do I have any rights to buy from her without making an offer? I think this is a really good deal. I d...
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The attorney that I presented to the group does commercial and residential real estate, contract law, business law, as well as those services that his business lawyer does. Am I being difficult because I would prefe...