If one were to get a hard money loan for a flip and say the term is 5 months and the house doesnt sell, what happens if the borrower cannot pay the loan back? Does it go on credit? Will the lender take the property? W...

Looking for an example mortgage/ promissory note (Contract for private lenders) for private "family" lender. I have a family member whose willing to invest with me to purchase my first apartment building, they want mo...

Hi all, we're looking to hire our first management company and are starting to vet some of the options in our area. One area of concern we've come across is the tendency of these companies to include some language in ...

Does anyone know where the 27.5 and 39 year numbers for deprecation schedules came from? They seem so specific, 39 instead of 40, 27.5 instead of 30, does anyone tax savvy know how these numbers got placed?

Hi. Forgive if this question sounds foolish. I bought a partly occupied 3 unit fixer upper in Irvington. I want to deposit the tenants' security deposit in an interest esrming account. I looked up the laws concernin...

I recently bought a property in Cobb county Georgia and the property has 2 houses on it under the same address. My wife and I live in one house and I plan on renting out the rooms in the other house. Are the tenants t...

Just got under contract to purchase first investment property and need help getting finances set up any Recommendations? Preferably in South Chicagoland area!!!!

Is there a simple way to hire a firm that can check the financial health of a company that wants to sale their building and do a leaseback? My obvious worry would be to purchase the commercial property with a long lea...

I am a new owner of a duplex and have to be residing in the house within 3 months. The lease states that I need to give a two month grace period after notice of termination. How do I go about doing this? Do I need a s...

New to learning wholesaling. In a purchase agreement contract, What’s the inspection period clause about? How does that get me out of a contract within that time frame?