Liam McLaughlin
Using an RMLO with owner financing
Hey everyone,So I'm looking to buy a house and resell it via owner financing; from what I've read and researched it seems like a smarter decision than renting it out. Now, it seems smart to hire an RMLO to originate t...
Sam Shah
Considering a property in Hartford, CT area
Hi Everyone,We are considering purchasing a 12 unit property in Hartord, CT area. We don't live in the area. We live upstate NY. We have a good agent who has sent this deal our way. I'm just doing some due diligence i...
Cady M.
To qualify for FHA, how much of the year must I occupy the reside
Im a full time flight attendant and travel with work more than 50% of each month.Id like to buy a duplex out of state, using an FHA loan, and occupy one of the units for the first year. I currently rent a room in NYC ...
Account Closed
203k loan on Self Directed IRA
I am wanting to purchase a multifamily property in the near future. I am also interested In converting my Roth IRA to a self directed IRA. Is it possible to use a self directed IRA to purchase a property with a 203k l...
Matthew Fields
Condo foreclosure auction
I am looking into possibly purchasing a condo at a foreclosure courthouse auction. Are there any special concerns with HOAs I need to worry about?
Michael Osborne
2nd VA Loan Down Payment
I may be purchasing a new primary residence with my remaining VA loan entitlement. I just received my COE and it shows the first property (now a rental) purchased with a VA loan is using $90,083 of my entitlement. I l...
Robert D.
Tenant property
So my tenant moved out 8/31. Long story short he owes me nearly $500 Question, i have in my posession some of his property. What do i do. Havnt had this happen before. Property im referring to was something he had sh...
Sam Schlacter
Do I benefit from tax perspective?
I recently bought a townhouse as a rental property and closed it just before the New Year. Since the start of the new year I have been putting in some expenses on it - Replaced Carpet, House Cleaning, bought windows l...
Mark Hu
Moving tenant's furniture legally in CA
Lets say a tenant gave notice, but did not move out their belongings on the due date, preventing another tenant from moving in. I believe in CA I may move the stuff out and put it in storage, correct? Have any of you ...
Justin Ashworth
Do I always have to sell the property to do a 1031 exchange?
I have a rental property for which I have 8 years left on a 15 year mortgage. I'd like to refinance it to 30 years and pull cash out to where I only retain 20-25% equity, to gain maximum leverage. I would use the mone...