Hello, I found a home that can be purchased for $100K and needs $140K in rehab. ARV $315K.  I was thinking about using a 203K loan, but was uncertain about the underwriting guidelines for the 203K.- Do I qualify for 2...

So we know the following:

1) A loan officer, title rep or other ancillary service provider cannot pay a RE agent a "kickback" or otherwise provide items of value as part of an ongoing business relationship.

2) An R...

Hi all,

For everyone who knows me, My second offer fell through!

My first offer is back on board. They are using a new bank, (Anyone but Chase,) with a VA loan.

Does anyone know the in's and out's involved with th...

I am in the great position to select between two wonderful tenants and I have chosen one over the other. Any great advice on how to break the news to the rejected party? Should it be over the phone or a in a letter? A...

Quick question:

If I wanted to drive say a 70k muscle car as my company car, is that deductible if in the company name?

How do you guys hold your toys with wheels?

Thanks!
Mark

I'm starting this off way in advance. Because I don't want to fail. I've been back in the 1031 industry full-time for two years this month, Wednesday the 24th of July. Which means in about a year, I'll have met the 3-...

I am closing on selling my first home in Las Vegas in a week. My plan is to rent for a year and buy again. I have a roomate that will split rent and help me save money for a year. 
In the mean time I will inquire abo...

I've been reading about FHA loans which require owner occupation. Can you occupy the property AND rent out rooms within the first year? Is it limited on house type (condo, townhouse, multi family, single family, etc.)

*First Post*
I invest in Baltimore City currently and have a tenant who pays $700 out of the $1000 lease agreement. Understanding the situation with COVID that was fine for me for the moment. But what route would you...

My wife and I have one current rental, cash flowing with equity. We have tossed around the idea of moving, to temporarily (1-2 years) rent out our primary residence. The idea would be can we buy a duplex and house hac...