With FHA loan, the borrower has to live at primary residence for 2 years before he or she can sell the property. Is this correct? Any advises would be greatly appreciated.David
How do you underwrite your deals? When ever I analyze properties that cost more than 80-100k they don’t seem to cash flow and if they do not well. Example Property: 6804 W 15th St, Indianapolis, IN 462143 bed 2 bath ...
Morning bigger pockets. I have a question or two about vacation rentals. I have a contract on one but i'm looking for the best way to present it to my banker as a good investment. My question is what is the best route...
we are currently discussing purchasing an existing LLC that has had an offer accepted on a REO.
we need to purchase the LLC because the contract is not assignable to my IRA.
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my current cpa has been in the business for 40+ years. He’s about 70-75 or so. This year I just felt like it’s complicated to keep up with my invoices and give him itemized numbers. he wants it broken down specifi...
Hello All, 1st time home buyer here - looking mainly in Fairfax/Arlington counties, with loudon being a last resort. With following the 28/36 rule, my income allows me to either purchase a property up to 430K with no...
I was listening to a webinar about overages that areunclaimed in tax sale foreclosures, nearly 95% according to the speaker,Bob Diamond, there are 3,000 of these done every day, JP Morgan says $13,700,000worth of unc...
So I am looking to buy a quad with a partner, and we've agreed to split everything up 50/50. We plan on buying this quad together and then fixing it up, and after we do the refi out, I will be able to buy his 50% of o...
I have a tenant that clearly has a girlfriend residing with him. She paid his rent this month and my property’s address is listed on her check, she’s not on the lease. Boot them out or try and rectify the situation? N...
Hey Everyone!so we are considering the idea of collecting rent online using one of the various available websites out there. my questions are 1 - do you collect electronically or in person?2 - if electronically what s...