
29 July 2024 | 16 replies
That being aid, if you're trying to get a HELOC or any other fully documented loan, the lender could ask for your tax returns.

25 July 2024 | 24 replies
Where I am the contract is not valid until the EMD has been received and that is usually within 24 hours of submitting your offer.

27 July 2024 | 10 replies
Document every aspect of your project to analyze what worked and what didn’t.Networking with other flippers and industry pros can also provide valuable insights.
26 July 2024 | 4 replies
The goal in the future is to get the permit and add the value for a future refinance.I have called the county and building department and they said that I will need blueprints of the alterations and submit them for approval and get all the inspections in place (I know this will be a headache and can be very costly).
25 July 2024 | 5 replies
Hi all,I recently posted about this topic and unfortunately did not receive any responses.I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.Would there be any investors who are currently active in this niche?

26 July 2024 | 3 replies
Fast forward to yesterday(appraisals are done, waiting on underwriting) after a text from the realtor about signing a document that says I'm okay with him representing me and the seller, I called him and brought up the fact that I'd looked over the purchase agreement and the rental agreement and nothing was stated about the rent increase, but it was clearly stated that ALL rental income even prepaid rents (the warehouse was paid in full up front) would be prorated to the buyer (roughly 2200/month)I'm at a crossroads on what to do, part of me wants to just ask for earnest money and appraisal fees back and walk away, but the cashflow of $2300 (current rents not counting warehouse) on a $105,000 property just seems to appealing to walk away from, what do the more experienced investors than myself think

25 July 2024 | 0 replies
I had a real estate agent to submit the deal for me and help get everything closed.

25 July 2024 | 7 replies
I have had some verbal conversations with the tenant regarding the move out process, but nothing documented outside of the lease.
25 July 2024 | 7 replies
Submitting that information for skip tracing will get you the best results.

25 July 2024 | 14 replies
This gives you recourse if the buyer stops making payments as you can have the courts enforce this performance deed and transfer ownership back to you.Just make sure you have a competent REAL ESTATE attorney review the documents prior to signing them to ensure that everything is properly worded to ensure you are protected.