My Borrower moved his company to Delaware making it an LLC there which makes me a bit worried that he might try something and try to get out of the loan by splitting the llc . Would it be advisable to move my LLC from...
My question is for a single family residence do I need the deed in my name to gain the advantage of depreciation on my taxes? As I understand it in Missouri one can depreciate a SFR on their own tax return even if the...
Fellow Note Investors,I am reviewing the Chap 13 BK filing and plan in Pacer on a 2nd mortgage that is 100% secured. The Chapter 13 plan calls for the arrearages to be repaid over 60 months, but does not include the ...
I'm new here and joined specifically to ask this question.
I have a mortgage on my home. Included in my property is an apartment above my detached garage which I rent out. The water bill is included together between t...
First, I am anticipating this scenario, it hasn't actually happened yet. I purchased a house 18 months ago with seller financing and theres a 24 month balloon. I have a buyer for the property now. Based on emails with...
I have a friend/acquaintance who's thinking of selling her home because her husband is unemployed and their savings is dwindling. This home value is approx. $265K and they have a mortgage balance of $239K with a p...
Hello - quick intro, I've been taken to this site on many occasions when doing research and stuff, and now have a specific situation I'm hoping I can get some info / advice from someone with experience and knowledge. ...
I am wanting to buy a property in a online auction with the clerk of courts in my area. The foreclosure is for the mortgage not paid, the property current owner who is being foreclosed on also purchased solar panels i...
Wanting to buy a house with my brother to start acquiring houses. He is able to move every 12 to 16 months. He will be living there as he rehabs the property. I am married, and my wife does not want to have anything t...
Hi everyone, I am a house flipper hoping to segue into rental properties in the near future in hopes of earning cash flow. I have short term goals of house hacking a fourplex, and long term goals of owning larger apa...