Jason Sung
Mis-representation of a single family property
HI, I am under contract for a single family property. I put an offer while I was out of town and my offer is selected. In option period, I got inspection report (still I was out of town) and decided to move forward. A...
Katrin Willoughby
Low appraisal prevents mortgage loan
After month of research and a few months of looking we thought we found a good property. A 1000 square foot home in good condition on a half acre that would give us the option to add a second home in the future. Our...
Tyler Walker
Sub2 strategy and Due On Sale clause
Hi Everyone,I have a motivated seller with two properties (a duplex and a condo) in Columbus / Central Ohio area. Units have renters, but he wants to retire and be out of the game. He is willing to do a Sub2 the exist...
Amy Pett
National bank or credit union better for out of state investing?
I am working on my first deal, hopefully it will close in December. I'm getting my property management company in place, so I'll ask the ones I'm interviewing this question, but I"m wondering where the best place to b...
Cindy Joseph
Home owners insurance for older home?
Hello we purchased a home in December. Initially citizens insurance approved it but then told us they were going to cancel Our policy is the roof was not repaired within 25 days. Then they said they would extend it to...
Sara C.
Not working out
My property is not meeting my needs and I am looking for other options. Purchased with the purpose of having the mortgage paid through renting. I am not in a desirable neighborhood and underestimated the need for hous...
Nick Riddle
First Time House Hacking
Hello,
I hope you're all doing well! I wanted to reach out and get some advice from this amazing community. I'm a 20-year-old who owns a pressure washing business, and I'm really eager to take the next step in my fi...
Rebekah Scott
Covered Land Play - Colorado Springs- Close to Old Town
Hi All,
I have a fascinating project that I believe is a goldmine. It is a covered land play; meaning, there is a 5-plex that is turnkey and completely occupied on this 15,000sqft lot. Rents are high so it pencils a...
Blair Taylor
Tax structure for Canadians buying US properties
Hi! I'm a Canadian investor interested in investing in US real estate. I have invested previously using LLCs owned by an LLP. An LLP was necessary to avoid double taxation because LLCs are not recognized in Canada (un...
Ethan Bowen
How to offer seller financing terms?
Hello all, I'm going to make an offer on a property. I would like to give the seller a few different options. Obviously I know how to offer cash. But how would you offer say $70,000 on a 30 year notes at 3% APR?