Marjorie Deprez
Cash Purchase with Refinance
19 November 2024 | 8 replies
This is essentially a cash-out refinance post-closing.
Madhuri Gupta
My experience with Flipsystem
21 November 2024 | 11 replies
Now they're saying there are two strategies after doing this flip: 1) Flip it and get the cash 2) Turn it into a rental (essentially a BRRRR).
Dongzi Wu
Outstanding Real Estate Solutions Scam (ORES)
28 November 2024 | 184 replies
or "Could I see some of the paperwork from your purchasers of these units?"
Jon Pflueger
Existing Residential Property in Commercial Zoning, can I build addition?
17 November 2024 | 7 replies
It's essential to verify if your property falls within such a mixed-use district.Special Authorizations: In M1-2D districts, residential uses may be permitted by authorization from the City Planning Commission, subject to specific conditions and bulk regulations.
Jean G.
How much to bid on commercial NPNs (past maturity)
17 November 2024 | 5 replies
This is what I think I know:- The borrower can choose to pay off the note at any time (by selling the property or just paying off the loan with other funds), so it is important that the legal balance covers my investment and some profit- The borrower could file bankruptcy (can someone confirm that this will only cause delay, but not jeopardize ultimately collecting the legal balance of the note)- Most of these DOTs will have a rent assignment clause, so I could try to enforce that and collect rents from tenants (essentially manage the property) while I am holding the note and trying to foreclose.
Jerry Shen
Buying RE with Bitcoin
9 December 2024 | 166 replies
Those are significant network effects and technology maturity factors that will make it very difficult for a crypto to supplant bitcoin as essentially the global reserve cryptocurrency.
Chris Brown
1st time off market deal
15 November 2024 | 8 replies
You can then check with the local county if the deed is in fact in that name (caution: if the property was bought recently, the county may not have caught up on the paperwork).Just be careful and NEVER give any form of cash to the seller, always send EM/downpayment to a title company that you have verified.
Sandra DeJesus
HUD is requesting partial claim after closing on my house in 2015
16 November 2024 | 24 replies
Did you miss it too in reviewing the paperwork?
Mike Jakobczak
The Truth about your E-mail Account
14 November 2024 | 21 replies
Mike, I can't tell you how much I agree with you.I also work at a college, and when I do exit paperwork for graduating students, I see that thier emails are still [email protected] and they wonder why there are no jobs out there!
Valerie Bowman
Blanket/Portfolio Loans and buying an 8 unit with a single family next door
20 November 2024 | 13 replies
But the fact remains that you would be paying for 3 loans essentially.