Hi Everyone,
Newest landlord here. Long story short, my partner and I purchased a property with tenants. One tenant is particular we asked to leave at the end of her lease. She fulfilled that request, but her boyfrie...
I’ve read/maybe heard online, that a letter can be sent to the lender informing the lender the property is being bought subject to financing. Currently, I’m buying properties subject to by not telling the lender of th...
Hello BP Community. It's been sometime since I last posted but I need some help. I have a property under contract in which the owner divorced her husband around 20 years ago. The title company said the divorcee decree...
Hello everyone, my name is Lee Xing and I am still very new to REI, and looking to connect with the BP community in GTA. My current situation is my Mom and I together have a mortgage with CIBC with 920k balance left, ...
Hi! I'm a fairly new investor (about a year in) and have been looking for deals off the mls, as the competition is still fierce in my market. There is a house on my street with elderly owners that came up on my forecl...
Anyone have experience going through this ?
I felt comfortable moving forward for an applicant for one of my rentals but just to cover me a bit I asked for 1.5x the deposit. The applicant was unwilling and kind of up...
(Heber City, UT)I bought a few acres of land in Heber City, Utah a few months ago slightly below market value on seller financing. Terms:$160,000 purchase price10% down payment3% interestBalloon payment in 5 yearsMy p...
Is there a way that if I take on a subject to and I put money into the property and raise the value that i can do a refinance or anyway to pull my money back out without buying it and paying all those closing cost?
My father has a property he wants to sell and plans on doing a 1031 exchange.
I want to co-invest with him and help him buy a larger property. I would finance my portion.
A) Is this possible?B) At what point, if at ...
Hey all!
I hope all is well :)
When it comes to real estate investing, I've heard that many investors choose to form a two-member LLC with the default tax status as a partnership. However, I'm curious to know if it'...