Mark Hu
tax impound account abuse?
Our lender is impounding money for our property tax bill on our new condo. I've been checking up on them, and was recently astounded when they told us they would not be paying our supplemental tax bill (the difference...
Joseph Hernandez
Owner Finance Foreclosure
So, I sold a Parcel in Dec. 2021 using Owner Financing . Title named The buyer as Grantor, Trustee as Myself and Lender as myself. I was told it was much easier to have me as trustee so if I ever need to foreclose I c...
Alex Kenny
Future Planning Advice
Greetings all!My wife and I purchased our first home in Tucson, AZ June 2023. We have no intentions of ever selling, but would like your advice on how we can begin to consider possible exit strategies. The home was pu...
Sean Joseph Bates
Wrap Around Wholesale Deal
Hello All,
I have recently come across a Seller whom is allowing her property to go to Foreclosure, due to the stress. I would love to help this person out; however, I feel this deal is above my knowledge level. B...
Jonathan Joyce
Payoff HELOAN used to buy rentals?
Any advice here appreciated. In the last few years I took out a HELOC on my primary residence, used the funds for the down payment on two investment properties, then refinanced the HELOC into a 30 year loan (7/1 ARM) ...
James Daley
Need help seeking BRRRR lender for my deal.
Good afternoon,
I have a slightly unique investment opportunity and I am searching for lending. Please let me know if you have any solutions. The property that I am under contract for encompasses four houses across t...
Tanya Maslach
Process workflow for an MTR: An example
I'm prepping for my first MTR and gathering all the (read: As few tools as possible!) to make this workflow smooth.But as usual, software companies don't make this easy on the end user. (And that's coming from someone...
Ellen Campbell
Single Mom w/ Low Income Looking for Rental Properties
Hello BP community! My name is Ellen and I'm a real estate agent. I am newly separated from my partner and starting out in real estate investing as a single mom with low 1099 income and few assets. I have identified a...
Jay C.
Understanding Closing Costs on a Refi
Hi all,
I'm looking to refinance and I just want to understand the Closing Costs and Cash to Close details. The estimate of the Closing Costs and Cash to Close are wildly different in the Closing Disclosure that I'm ...
Sieanna Ariel
Owner-occupied 203k Multifamily
If one is to go about real estate using a FHA loan specifically the 203k for rehab and purchasing, what will cover the owner-occupied expenses the first year? What happens during the one year period of occupying a mul...