Kelly Lane
House hacking into real estate
Hello BP new to the forms and new to RE investing. I've been debating on house hacking into homes because prices of homes are just so pricey. My question is ,is house hacking dead and to live rent free no longer exis...
David Ogas
How are you making money if always in debt?
Hello Everyone:At this point, I am a prospective investor who is looking to get into multifamily real estate. In short, I'm in the research phase of my development and in doing so, I've encountered several strategies ...
Matt Jones
What happens if I don't move in Fannie Mae Property in 60 days? Bought as an owner occupant.
I bought a fourplex from Fannie Mae about 60 days ago as an owner occupant and I have yet to move in. I do plan to live there but I've had two contracts fall through on my house and I have a flip that is taking longe...
Lubasha White
Lis Pendens from nowhere
Please anyone with experience of buying foreclosures could you help with advice in this situation?I bought SFH in March at foreclosure auction and got certificate of title on this property. Several days ago I started ...
Ned Carey
Rent Skimming - long
Background,
A woman who couldn't afford her payments left Maryland. Her bank started foreclosure and stopped about 1 1/2 years ago. She filled out the paperwork for a deed in lieu of foreclosure and the bank refused...
Margaret Feit
Reporting Personal-Title Properties on a Partnership Tax Return
My husband and I are members in an LLC partnership that owns several rental properties. We also have a handful of properties that are titled in our personal names because we have mortgages on them that had to be in ou...
Kris Wong
Can I get a commercial loan on a residential property?
I am trying to get around the 10 mortgage limitation that most banks have these days. My partner and I are buying distressed multifamily (2 - 4 units) with hard money, rehabbing the properties, putting good tenants in...
Amanda Sutherlin
Owner Finance deal- has 2 mortgages, Agreement for Deed …Can I even buy this thing?
Found an Ownder Finance deal but found out it has an Agreement for Deed with 2 mortgages due on Nov 15th 2016:$18,500 mortgage due to an individual$34,450 mortgage due to an LLCPaid $55K with $5 down and paying $700/m...
Jordan Puffer
Excited About Our First BRRRR Deal
Hey everyone! My wife and I are closing on our first buy & hold on the 18th of this month! The numbers look good:
Location: Broadway House
Number of Units: 1
Rent: $1,350.00
Square Feet: 1,666
Upfront C...
John Cassel
Best ways to boost appraisal?
I just bought a 3 unit property in September that needs some minor upgrades. I purchased the property with a 20 year commercial loans because the down payment funds were not seasoned in an account. I plan to refinan...