Michael T.
Need feedback on 24 Townhouse deal
Have found a property that meets my area economic criteria, net population increase, strong employment growth, slowdown in building permits, higher than average income. Would appreciate any advice on the below num...
David Moore
HUD Turned Down/Then Accepted Terms
My LLC made an offer on a 2 bedroom 1 bath home in Albert Lea, MN. The home needs a $1500.00 sump pump and about $1500.00 in roof repair. Other than that, it needs nothing. Similar homes in Albert Lea sell for $55,...
Rod Desinord
Home almost sold but here comes the HOA
I have a home I am selling and its a short sale that was just recently approved by the bank after 5 months of working on it. The buyer submitted his application in January for the HOA association and yesterday I rece...
Simon Stahl
Lender that lend to LLCs
Does anyone know of a bank or a credit union that will give a mortgage/loan on a property in Indianapolis that is owned by an LLC? I am trying to decide if I should buy under my personal name or the LLC.Simon
Sharyn M.
Disheartening advice from my attorney
I have a NJ real estate license and have 7 completed lease option deals, 1 so far has closed, the rest are moving along smoothly. I went to an attorney to be sure my documents were Dodd-Frank compliant and received s...
Darrell Jones
Contract write ups
For those experienced and successful wholesalers out there, where can I draw up a purchase contract for the seller and an assignment contract for the end buyer from? Do I go to a title company/Attorney who's familiar...
Sam Elder
FHA Home Flipping Waiver About to End
In an effort to stimulate repairs and sales in neighborhoods hard hit by the housing crisis and recession, the FHA waived its standard prohibition against financing short-term house flips. Before the policy change, if...
Grace Porritt
Should I Pay Myself as a Manager?
I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact. I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my l...
Brandon S.
10% down payment on a 11-unit property
I'm looking at purchasing a 11-unit complex in Little Rock, Arkansas. This cost is $609k. I would like to put 10% down which is $69,000 and finance the rest.Does anyone know any way I could do that or is the 20% req...
Jon Roland
How to know your investment strategy???
So I continue to read real estate & business books and listen to podcasts and read blogs. I have attended a local reia meeting and look forward to attending more. I am uncertain about a couple of things.
1) I wa...