Jeff Ostrander
New construction duplexes
I am a new investor with an interest in multi family and an acquaintance of mine pitched me a 3 duplex deal that has yet to be built. The cap rate is around 9% with the rent/purchase price at 0.95%. Is evaluating a n...
S Cian
Advice Needed winterization mess up
Hey guys,
I just bought my first house back in January. Problem is that when the appraiser for the mortgage company went out to the house to do his thing he turned the water on to verify everything worked and no one ...
Neil Herzog
First Lonnie Deal in Progress / Experts Help Please
1/1 MH
Lot rent 525
My price 2K
Target Sale Price 4K 500 Down
The beauty of this deal is the owner is willing to "float me" the home. Meaning I don't purchase the MH until I have it sold.
I have several interest...
Rick Cardenas
Wholesale Via LLC
Hi Everyone,
This topic is regarding REO's listed on the MLS.
I have read a few different strategies on here and really like the option of wholesaling via LLC. This will allow you to write your offer in the LLC's na...
Larisha Norman
Wholesaling Contracts
Hello Everyone,
I am a REI in Buffalo New York and I was just trying to find copies of wholesaling contracts. Do anyone know where I can find copies or do I have to create it myself? Or do anyone have a sample copy ...
Jerry R.
Time limit to list property as pending
Anyone aware if there is a time limit that REO listing agents have to list a property as pending? Do they even have to list it as pending at all?
Brian R.
Private funding for purchase, is this a scam? Thoughts please
I have been looking at options to purchase another property, but won't have the normal 20-25 percent for a conventional loan for a little while. I saw someone reply to a Facebook message that he is a private lender, ...
Bhanu P.
Can we lease to default borrowers of a foreclosed REO in TEXAS?
We closed a REO property in Texas and former owners are still living in the property and when we approached them to give 3 day notice, we learned that they are interested to lease from us for an year.In normal situati...
Albert Ng
Paperwork process for FSBO transaction?
I searched, and there are a number of topic about FSBO. However, most only discuss about the marketing aspect of the process. Can anyone has gone through this explain to us the paperwork process? Let' say that we have...
Tim Ivory
Hard money loans and seller occupied houses
I have a pretty good prospect on My 1st fixed and flip house after putting up some bandit times around my area and was able to find a house valued around 200 K and asking prices around 120 K With about 15K work as f...