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I understand that a lot of people prefer to structure their rental entities as LLCs to provide added liability protection. This can be mostly useful in the event of a tenant injuring themselves and trying to sue, as l...
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Hi All, Looking for some advice here. We currently own 3 rentals - 2 single families in the Philly suburbs and a condo in Boston. We bought one of the single-family properties in 2022 right when interest rates started...
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Can someone inform me of the dangers of using a non-licensed contractor for a rehab? I have a contractor who does excellent work, is vet professional, and an excellent communicator, which in my opinion is hard to com...
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Hi,
I've heard a lot about simultaneous closings to be illegal nowadays, is it true?? How about in NJ? Simultaneous closing, I mean, using C's money to fund AB transactions. Transactions are done ALL CASH. Would th...
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Hello Cincinnati BP! I did an owner occupy duplex deal in 2018. Fantastic learning experience and start to building up a rental portfolio. I just refi'd and did another owner occupy into a SFH in Norwood. Planning on ...
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Most of the discussions about had money lending are from the borrower side. What I'm looking for is more from the standpoint of how to get into the lending side. Are there any resources available (and especially ...
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I'm new here and this is my first post, so I'm sure I'm asking something that has been covered over and over, but here goes. Long story short I just reached a settlement agreement with the VA and I'd like to invest so...
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Hello Everyone!
I have not attempted (notice the wording used) a short sale in quite a while. I was wondering if you have noticed that the lenders are more willing to accept them now with all this mortgage mess goin...
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Attorney won't return deposit!
Hello everyone,
Buying: I have been reading for long time, and finally made my move last month. I placed several bids on a townhouse, and finally got it for 123k. 6k needs to be pa...
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I have a property that was supposed to close on July 30th. The lender/underwriter keep coming up with last minute things they need and have delayed closing twice. They have had this in escrow for almost 6 weeks now. T...