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30 January 2025 | 6 replies
I think I have a generic contract and assignment in my files.
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30 January 2025 | 19 replies
Yes, very interested in investing and would love to own a few multi family properties, here in state.My immediate goal , so far, is finding investors to secure my proposed properties.What's your strategies?
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20 January 2025 | 17 replies
experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!
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23 January 2025 | 30 replies
Goodin Development has no filings with the SEC authorizing it to raise money, has not pulled any permits and is not mentioned in any of the numerous news articles discussing the development and the companies involved.If you are thinking of sending Justin Goodin or Goodin Development any money - THINK TWICE!!
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1 February 2025 | 56 replies
So, even if the loan amount is the same, and even if the interest rate is the same, with the terms mirroring the underlying mortgage, the seller will have (1) recourse to foreclose if the buyer stops paying (2) with payments going directly to the seller who then sends payment to the underlying lender the seller will know if and when the buyer has not made a payment, in which case they can choose to make the underlying mortgage payment and proceed to foreclosure, (3) the seller’s legal position is enhanced since he holds a debt security interest in the property (4) the seller may be able to wrap a higher amount than the underlying note and or a higher interest rate and (5) the seller’s credit position may be enhanced since he has the asset of the wrap note offsetting the underlying debt.
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19 January 2025 | 55 replies
The portal is not secure.
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27 January 2025 | 3 replies
Maricopa County ranked among the counties in the state with the highest number of foreclosure filings.
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28 January 2025 | 10 replies
Begin by targeting distressed properties in gentrifying neighborhoods, securing financing through hard money lenders or private investors, and focusing on cost-effective renovations.
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24 January 2025 | 8 replies
Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck
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5 February 2025 | 16 replies
I personally will not expand into a market without securing a reliable team first.Service Quality Over Price – While 10-15% may seem attractive, be cautious—cheaper often means less attention to detail.