Brian M.
Deed Restrictions and Transfer Date
I have a 2 part question on deed restrictions. Here is the language in the BOA/HAFA short sale addendum (paraphrased):
No transfers for 30 calendar days. No selling for a gross sales price greater than 120%...
N/A N/A
LLC vs S-Corp
I'm looking to start a company with two family members (cousins) for long term real estate investments in rental properties.
We are trying to determine whether a LLC or S-Corp would be a better fit. Initially any ca...
Kenny Tan
Balloon payment due - surprise
We were just notified by the 2nd mortgage bank that our SFR rental has a balloon payment of $29K due at the end of the year. This throws a money wrench into our finances for the next few months as we have a short sale...
Al Williamson
Landlords, what does being "Tenant Free" mean?
Trying to find a word to capture my ideas.
Please tell me what being "tenant free" suggests to you.
Ken Hughes
Insurance questions
We are closing our first buy and hold property and need some insurance advice. The property is held by an LLC in Florida and we need suggestions as to which insurance companies are best to work with as landlords for p...
Justin R.
Mentoring by letting another investor live-in during rehab???
So we recently closed on a 5 unit property in central San Diego (Linda Vista near USD). It's a chop job by the previous owner(s) with lots of work needed - the rehab's going to be big, and it's going to be an adventu...
Rick Mays
after tb signs assignment,what happens next?
hi everybody. my name is Rick. I am currently studying wlo. my main questions are...after new tenant buyer signs assignment, with full disclosure and approval of seller,what happens next? do I need to file that assign...
Justin Kelly
HOA dealings
I have purchased an owner occupant condo in a HOA. The HOA is at capacity for rentals set at 10%. I am first on the waiting list to rent but will have no way to know when a spot will open. I would like to buy anoth...
Travis Bill
What are "normal" terms for seller financing?
Just recently started researching getting into rei. There is a duplex near me in an excellent location that has dropped in price like 35% in the last 4 months after slow drops for a year. Looks like the seller is gett...
Jennifer D.
Closing with a tax lien in Georgia
Would you close with a $63k lien on a $15k property in the Atlanta metro area? We are under contract to buy the vacant property for $15,000. It has an existing lien of $63,000, and the title is still under review wit...