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I received a call from a loan officer today looking for alternative financing options for his client. From what it sounds like to me, this person owns a few properties free and clear, and is qualified and closing on a...
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Hello,I was contacted by a friend who wants to invest in flipping houses and me to do the work. He would basically be a silent investor, I would put together a bid to get the work done and pick and choose the work i w...
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Ok so basically - as long as I buy a similar property within 45 days of selling another (and none are owner occupied) - I can avoid being taxed is that right? Does the 45 days have to be after the sale of the original...
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About changing your title to your LLC. I have my mortgage through suntrust. Do I contact the customer service department to obtain this form (guarantee). I need to get my property transfered to an LLC and I am new ...
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Hello!My wife and I are purchasing our first investment home so I am interested in some advice. The home itself is a 3/1, 815 SF and it has a simple, low pitched shingle roof. The roof is nearing the end of its usable...
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Dear BP members,My wife and I are getting serious about buying our first investment property(s) (one being a personal residence) here in the Atlanta/Decatur area. We are looking for either one distressed multifamily ...
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I just purchased a 1st trust deed in CA for the 1st time where the borrower had already gone MIA from the start to where his phone number was no longer in service and there was no way to contact him other than an addr...
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Was just watching a pretty moving show on Dateline about the poor sections of New York . The NY Housing Authority has 400,000 people to deal with, and that is in addition to private landlords. In this episode, two ...
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I already created a thread titled "Disabled Son." I did not get much positive feedback,though I am sure that the respondents were all sincere and good people.
To recap [though might help to read original th...
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Hey Guys. I've got a deal I would like some input in. I've got the opportunity to purchase a SFR subject to.
The current loan on the property in about 135k and it is valued at 150k. The payments ...