My partner and I acquired a property in Lee's Summit and would like to transfer the title from our LLC to his personal name (so we can get a FNMA conventional on it). The title company that helped us close the transac...
Can someone help me out with interest tracing rules in my situation.....I've read a few things and Im just confused. Here is an example. Lets say I have 200,000 in my personal bank. This money I specifically alloca...
I've been keeping my eye on a property that looks vacant, even though there's a truck in the yard, and household items in the windows. Nothing in the yard looks like it moves and no lights at night. According to the ...
Hi Guys, I wanted to ask all property managers and local landlords in Akron, Ohio. How is property taxes situation on akron, and how are the property taxes changing in the area for multifamily properties.Feedback or i...
I was wondering if it wiser to lower the sell price and raise the interest or raise the sell price and lower the interest when selling to buyers with owner finance. If the price or interest is adjusted a little the mo...
Hello BP. I wanted to see if someone can please break down how and what exactly is a second mortgage? I've heard it many times, and I do apologize if it's sort of a dumb question, but I never really understood how i...
Looking for some opinions on the following situation. I know there will be no right or wrong answer:Small office building, and upper floor has three tenants. A + B with me for about 1 and 1.5 years respectively. Good ...
Own a property free and clear 5 miles from downtown Nashville have done some major renovations so far still some to go but I lack 30k from getting it finished. I wanted to keep as rental property but I bought it in.my...
Hello bp trying to get funding on my first deal and my credit is around 520 I know not good I’m working on it so how can I get a deal with bad credit please help
I am currently in an odd situation at the moment. My Agent has been a godsend and brought me the perfect property to offer on. This seller has come to her, refrained from putting the listing on the MLS, however want...