Andreas F.
Pre-Rehab property in Indianapolis
Hello all,I appreciate if you can give me your assessment of the below deal.An RE company is offering beside turnkey properties also (as below) pre-rehab properties. This means I buy in the distressed stage, they do ...
Joemade Scott Carter
Newbie SOS: Sending out Yellow Letters
hello BP experts, I'm a newbie who's sending out my first batch of yellow letters. I'm using zillow to get the distressed property addresses but where can I access the sellers name so that I can personalize the letter...
Nathan Boulet
Is there a financing solution for this?
I bought a fourplex in Dec.2013 for 100,000 and put 20,000$ down. I obtained a private mortgage @ 10% for 80,000$. My building later appraissed for 183,000$. I have a 5yr term with the private lender that really...
Albert Bui
Your Taxes & How it Affects your Ability to Qualify
If you are applying for a new loan during the year in which you purchase in which case you have not yet filed a tax return to claim the rental property will be 75% of gross rents evidenced by lease agreement and...
David T
refinancing in an llc?
i know this question has probably been beaten to death but i havent found exactly what im looking for. i purchased a property for cash 6 months ago and am looking to get my money back out of it for another property. i...
Kenesha Lewis
Do you need a title for a mobile home on land?
I am dealing with a seller in Florida, the mobile home is 40 years old and on land. There is proof of deed with county and tax assessor, however the title company is asking for title or VIN number. From my understandi...
Stewart Block
Z Buyers Club any reviews from the sellers perspective
Can you tell me anything about Z Buyers Club from the sellers perspective? I have a home in Monticello, NY 12701 listed on Craigslist for $40,999 all cash only. Its assessed for over $70,000. The house needs work but ...
Joe J.
Amended returns resulting from miscalculating property basis
I've been filing my tax return through H&R block software for a long time now. I purchased a rental back in the middle of 2012 and have just now realized that my property basis I inputted into the H&R block s...
N/A N/A
closing costs---HELP!!!!
i am in the process of re-fi'ing my house. i am taking $85K out on a 30 fixed @ 5.875%. i have tri-merge credit scores of over 800. i will have over 35% equity in my home when the deal is done. the loan is for $21...
Devin Bost
What kinds of rehabs don't require permits?
I'm considering buying a 6-plex that's currently operating as a non-conforming use. It's currently zoned in a commercial zone that doesn't allow the multi-family rental usage, so if we need to pull permits for any con...