Erik Stewart
Moorhead MN 4 Plex, Erik's 1st True Investment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $220,000
Cash invested: $55,000
1978 4 unit apartment building with (2) three bedroom units and (2) efficien...
Jimmy H.
Investing in NNN bank property
Have read a little bit about this in other threads. I know (from being in banking) that the FDIC and other egulatory entities are making it quite hard on the banks. IMO the government caused many of our problems and i...
Jon Klaus
Add new tenants to the lease?
I've got a large house (5 BR) with a couple and 2 kids in it. They want their friends (another couple) to move in with them to share costs/housing. The new couple has good income; enough to qualify on their own. I'...
Chris C.
Where does a SDIRA live?
To meet any residency requirements does my SDIRA "live" in my state or the state of the administrator?
This is more of a broad question then any specific situation but this could be an issue for anything from SEC ...
Steven Horvath
New, Used, or Converted (Building) Form 4562
Just hoping you all here could give me a hand, i am filing my taxes online with rental income for the first time and i need help with this form-
New, Used, or Converted (Building) Form 4562
Which describes this p...
Rich Lyons
Investment loan or home loan?
I am buying my first piece of investment/rental property. I plan to use it as a long term investment. I do not have a mortgage and I do not rent. Should I get a home loan or an investment loan? Any suggestions/adv...
J Hedge
Am I really not able to talk to the bank even after I have an executed contract?
This is what the listing agent is telling me. I have a signature on the contract and I'm sure I could easily track the person down by name but this listing agent is saying that they don't deal with the buyers at all b...
John Harvey
permitting for septic & water
I came across a group of vacant building lots for sale in a 1960’s subdivision. About 1/3 of the lots are built on and I would guess most of the houses are 20-30 years old. Of the vacant lots, the largest lot is ove...
T Handy
Why would bank foreclosure 2nd, but not 1st?
I've bought at Sheriff's sales before, but only firsts. Several times in just the past few weeks, I've seen a major bank holding both the first and second mortgage foreclose on the small second but not the big first. ...
Account Closed
Acceleration & Due on Sale Clause trigger?
Hello BP, i read quite a number about using creative financing but how many of those may trigger acceleration & due on sale clause? I know seller finance and Sub2 can trigger it but what other types of creative fi...