I purchased a piece of property from a bank that got title through a foreclosure via the first mortgage lien. There was a medical lien put on the property (vacant land now) 2 years prior to the bank foreclosure. My un...
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Hi Everyone,
So I am a relatively experienced buy and hold real estate investor who is looking to partner 50/50 with someone on some different flips, and possibly larger properties.
My question is this: We reside ...
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Hello everyone, I am just starting out in the world of real estate investing and I wanted to choose a strategy that both created long-term value for the communities around me and provided for my family. I believe that...
Hi I was hoping to get input from the forum about a question my FIL asked me. He owns a SFH in Bay Area that he has owned since around 1980 with significant capital gains likely worth 1.1 mill and he paid around 72k f...
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Hi All,
If I want to rent out a place to a young couple one of whom is working but the other is not working and has no SSN, how can I run credit on the one without SSN ? On top of that, what can I do to minimize the ...
I'm trying to qualify for my first home that I will turn into a primary residence and rent the rooms out. As my first investment, I've determined this will be a great way to get started in the real estate world. I'm i...
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Can someone explain how that number is used?
The way it was worded:
Days rented at fair rental value _____ Days of personal use _____
seems to suggest it was intended to distribute between person...
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Before we start this LLC, Im trying to figure this out without going through a Lawyer. Do anybody know about LLC setup cause its 3 of us and I got 70% how can it be put in writing to were i don't got to ask them for p...
Thinking about cashing out my IRA for a down payment on my first home.I want to buy a 3 bedroom in greater Boston. Live in one bedroom and rent out the other two.Thoughts?
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I am about to purchase my second property with almost 100% financing & equity from my first property. Goal is to buy a third a year or two after that. Question is do I use any extra money I have to pay down the mo...