Lawrence Hopkins
contaminated property Legal
Found a 7 plex that had gas spilled on it several years ago. It was cleaned up and cleared by DEC but spill still under foundation and roads. Title has spill listed and says the lower unit can not be rented as residen...
Jose Lopez
Primary residence to Rental?
I am in the middle of a cash out refinance. My current(primary) home in LA is being rented out and has been since the start of the year.In the application I turned in I still wrote it down as a primary residence even ...
Roberta Marcos Marcos
Taxes - Not a RE Professional
Hi all,
We just backed out of purchasing our first investment property as it needed a new roof (per the property inspector and 3 roofers) and he refused to submit an insurance claim (saying the roof has 10 more years...
Daniel B.
Cash Damming Strategy Help
Hi all,
I'm trying to implement a cash damming strategy to convert some of my personal property mortgage into tax deductible debt, and I'm looking for some guidance. I have a few rentals that have LOCs associated wit...
Kevin Smith
1099 employee thinking of starting and using S Corp to buy house
I am a 1099 “self employed” musician out of Nashville. I’m wanting to house hack ASAP but I show so little on my tax return that I would not get approved. I’m looking into starting up an LLC taxed as a S Corp to relie...
Brittany Washington
Smartest way to collect rent...
I'm currently "house hacking" and live in one portion of a duplex while renting my lower unit. I moved in a few months ago (Sept) and there was a long term tenant in place on a month to month lease. She's been paying ...
Benjamin Kanevsky
buying a property with a partner
I plan to buy some properties with a friend of mine. Is it fine to have the mortgage in his name and have both people on the title? What is the right process for doing so?
Wendell De Guzman
Has anyone dealt with Rental Home Financing
Has anyone dealt with Rental Home Financing?They made BOLD claims which to me sound too good to be true. If any one has dealt with them, please let me know.See below for their claims:• Loan Sizes $500,000 to $30,000,0...
Jeffrey Sampson
How to find SDIRA'S
We are looking for sites and others that have used SDIRA'S. How and where do we go to use these funds for our fix n flips?
John Horner
Sub 2 purchase with 2nd lien from Hardship Refinance
I have a lead on a lady who wants to sell on a sub2. She did a cash out refi before 2008, then when the market crashed she was underwater and couldn't pay so she did a hardship refi which took $21k out of the pay...