If I lend money to a flipper operating as a corp or llc, do I have to issue a 1099 or 1098?Looking at the IRA publications for these forms I don't believe I need to issue a 1099 because I'm not paying anybody, and I d...
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I saw this on our county's website. Can someone explain what this means? 2015 LOW INCOME HOUSING APARTMENT CAPITALIZATION RATE: 10.0% The Appraisal District is giving public notice of the capitalization rate to be use...
On a private seller deal, how does the earnest money get processed when it comes to closing? Or rather, where does the deposit go to if the title company is holding it from the 1st side HUD to the 2nd side HUD? Is the...
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My credit union only offers conventional loans for single family homes at 20% down. I am interested in a duplex for my first property. Which banks do you all recommend for an FHA loan? Thanks!
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I'm looking for recommendations for a Cleveland general contractor who has worked with investors befor and has several years of experience in renovating Fix&Flip deals, who will be able to reach out to potential p...
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Wondering how come my sister received a promissory note from my grandfather's loan for his house and my grandfather passed in dec
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I was supposed to close on a duplex being sold by the VA yesterday. At 430 I received a call from my lender(not the VA) that the VA requires 48 hours to review the HUD before they will ok the close.Has anyone dealt wi...
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We just got an offer on our 2nd buy and hold accepted. Our first, a duplex, cycled through both tenants since December and this 2nd SFR has a month to month tenant.My goal with each property purchased is to receive 1...
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Greetings,I'm interested in a commercial real estate broker position, and I'm wondering if anyone can give me their experience in this industry. Specifically, I'm looking at how you view the pay you've received, how m...
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Other than checking the title, encumbrances and proper appraisal, are there any other pitfalls to look out for when considering funding a note?