John McKee
Looking back on 2024
3 January 2025 | 7 replies
Further, he can extend his “grace” period a further 30 days by paying us an additional $50k.So far, we’ve collected two $50,000 payments in the last i0 days plus the $36,000, or $136,000.
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
23 January 2025 | 40 replies
They also could have a mortgage that could not be satisfied by the price and in that instance, again the bank would not release it - so again stuck.
Mel Kirchhoff
STR transitioning into furnished LTR options - Advice needed!
6 January 2025 | 9 replies
While I have found MTR tenants who stay a year, most start month to month and just happen to extend.
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
This would typically occur only if you are over extended.
Dina Schmid
Misreprentation (or error?) of Lot Size, City and Zipcode on MLS
28 December 2024 | 11 replies
He insisted that a phrase be added that the money is to be released upon completion "and not upon approval by the seller."
Steven Barr
Insurance on New Construction
24 December 2024 | 1 reply
I’ve heard some investors negotiate with their providers for extended coverage or switch to a landlord or vacant property insurance plan until the spec sells.
Dani Beit-Or
HELOC and/or 2nd Mortgage for Rental Properties (w equity)
27 December 2024 | 10 replies
This is an option to consider and many larger banks/credit unions and nationwide mortgage lenders have released new loan programs allowing 2nds, HELOANS and HELOCS.
Myers Bryan
Floorplan software recommendations?
14 December 2024 | 2 replies
Hi all,I tried Magicplan and found that it could not create a floorplan using my Android tablet's sensors as advertised and it's room-focused approach made doing a manual plan very difficult.So I thought I'd see if anybody has any recommendations.. here's my wish list:1) runs on android2) can either: scan walls to create a floor plan as I walk through a property, OR, allows me to enter in exterior walls, fix them in place, and then add rooms within either as walls or objects.Bonus:3) can send the plan to something that runs on Windows for further editingI'm looking forward to whatever you got!
Skyler Bissell
For people doing DADU strategy - how are you handling partial releases?
7 December 2024 | 1 reply
In working on construction loan financing, the lender informed me I'll need to unencumber that portion of the property (makes sense) before closing on the construction loan.I understand there to be two methods generally speaking: refinancing my mortgage and removing that portion of the property in the process OR attaining a partial release from the lender to remove that land.I *strongly* want to avoid refinancing as I have an amazing rate, but partial releases seem complex and also require a survey.
Ananth Subramanian
Post Eviction Judgment
26 December 2024 | 7 replies
Due to the holidays the time to appeal has been extended and there are 2 more working days left.