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10 February 2025 | 59 replies
Surplus line is what I have been looking for as I am involved with an older property that is typically found to be uninsurable by a lot of other mainstream insurance companies due to the properties age and some of its original features and surroundings, I just have a question and have done some reading on this and it's really not too clear and it sounds it can go either way really with this and I'm fairly new to all this so I am learning a lot of things as I go but should the private non traditional mortgage lender be listed as additional insured while the person occupying & buying the home and also purchasing the property from the lender be listed as mortgagee?
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17 January 2025 | 6 replies
My buddy sold for ~$500k over its existing use value and no contingencies and did not even convey existing tenant’s deposit.
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21 January 2025 | 20 replies
With software like propstream I can even look at seller mortgage details and MLS private remark.Getting license you only know the legality aspect of being an agent but doesn't necessarily means you would be a smarter one to get to know the market.The only thing that I can not do with propstream is I can not download all disclosures when I try to purchase.
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16 January 2025 | 12 replies
Unless you're working with Private Money that is going to carry the risk of your lack of experience, banks want to see experience, Net Worth and liquidity after close to consider the terms.I started with single family, four plexes, and remodel flips for a lot of years before getting into larger deals.
12 January 2025 | 10 replies
Should you decide to do this full time and do more than 1 flip at a time, private lending and fix&flip loans will be the way to go.
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19 January 2025 | 10 replies
i just sold a property on a contract for deed.
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14 January 2025 | 8 replies
for Fort Myers I used someone who is VERY VERY good.. he managed my property and eventually sold it.his name is Kevin Page - Cape Shore.
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11 January 2025 | 10 replies
@Katie Southard This is the floor plan. there is another but that does not have a separate car garage and has private entrance only from the side.
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15 January 2025 | 7 replies
We managed to bring the property down in price, overcome objections, and navigate the eviction battle, and in the end, it paid off.The key takeaway here is that if you’re a true cash buyer who can work with private lenders, you can survive long, drawn-out processes like this.
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14 January 2025 | 7 replies
I have bought and sold over 1,000 properties, a few have had pools.