James Wise
Renters shouldn't be allowed to be Realtors. Owning a home should be a requirement...
Renters shouldn't be allowed to be Realtors. Owning a home should be a requirement for Realtors.Change my mind freaks.
John McAuley
SD IRA or Solo 401k - Can either loan to self?
Hey Everyone,If I transferred some assets to either a SD IRA or Solo 401k, would I be able to provide a mortgage loan to myself as an investment? In other words, could I go buy rental properties using my own SD IRA o...
Daniel Toshner
Refinance questions
I have properties that I have owned for less than year that have appreciation on them. I'm at a 25% LTV on these properties that are all currently rented. I just had second round of appraisals done on properties and...
Shannon K.
Can I Finance FHA 203K Closing Costs?
Can I finance (roll in) FHA 203k rehab loan closing costs into my loan?One lender says NO! I called elsewhere to get a second opinion and that lender said YES! What a mess. I have no idea and I'm looking everywhere o...
John Burton
Yellow Letter Campaigns
I am slowing learning all I can about Real Estate and have heard of 'yellow letter' campaigns. My parents own their house free and clear and actually received one of these letters in the mail. I am wondering what is t...
Natalie Schanne
When are private mortgages released? Construction Lien / 2nd mort
When and how do you "release" a private mortgage with a payoff from a buyer? Does the escrow company handle this? Is it possible to get tricked into releasing it without being paid?I have a construction lien on a prop...
Kenneth Mcgee
Need help or Short sale advice
Hello bp community, Need a little advice, I recently put a offer in on a short sale in July on a property that was listed for 205k. The closing was set for sept 11 and everything was going smooth, we got conditional a...
Julio Salado
First time homebuyer and LLC- Do’s and Don’ts
I bought my first home this fall. A two family. I then created an LLC. I bought the home under my name. The LLC is for real estate. I’m new to this at thought LLC is good for tax purposes.I’ve done a lot of home impr...
Majid Jordan
Buying fathers home with VA loan
Hello, I am a prospective home buyer. I just turned 31 years old and separated from the Air Force after 8 years on active duty. This has entitled me to using a VA loan for a home, and I plan on utilizing it to it’s fu...
Lucien Gautreau
Huntsville - Oakwood Univeristy areas NW
Hey guys,I've gotten a proposed good deal on a fourplex / quad in the NW areas near Oakwood University off along Sparkman Dr NW, I believe it's on Cotton Row NW.. Now, I've taken a quick business trip there for 1 day...