Arron Paulino
How do Subject To Offers work for the seller? Won't the loan be called due?
7 November 2024 | 21 replies
In a subject to transaction the buyer is taking over the responsibility of the seller loan without the lender knowing about it.
Jim Witten
Can A Realtor Make Me An Offer without a Listing Agreement?
7 November 2024 | 16 replies
Even doubled sided transaction the responsibility of fiduciary is in your favor.
Joe Kvidera
DSCR that allows seller carry for partial down payment?
6 November 2024 | 12 replies
The reason I say this is a double close, is because we would require the seller to be open to seller carrying the amount that we helped cover as a second note against the property.Ex. 1st transaction: DSCR covers 70% we help cover the remaining 30%.......close transaction.2nd transaction: Title opens a second escrow account and creates a 2nd lien for say 40% against the property so we can get our funds returned.
Henry Lazerow
Chicago anti gentrification ordinance has passed
7 November 2024 | 15 replies
Affordable housing demolition plans are no longer exempt under this ordinance.The demolition surcharge pilot program shall be in effect through December 31, 2029Sellers of all residential rental property (including one unit) must adhere to new rules and notice requirementsPrior to listing a rental property for sale, the owner must provide a “notice to sell” to the Department of Housing and to the tenant association, or to each tenant.
Joe Barty-King
What are the best ways to find cash buyers/investors?
13 November 2024 | 13 replies
However, the MLS can do much more than that.You can ask your real estate agent for a list of all-cash transactions over the last 90 days.
James Wise
Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?
11 November 2024 | 65 replies
Then when things go to hell they walk away and pretend they had no involvement with the Property Manager even though they facilitated countless transactions positioning themselves as the owner.
Jonathan Greene
The Top 5 Ways I See New Investors Lose Money On Their First Flip or BRRRR
19 November 2024 | 24 replies
I would add:Over-leverage: seeing people get owner finance and someone to toss them a total of 100% financing plus the costs of renovation sometimes crushes them even if they come in on budget and have the right ARV as they miscalculate the time it takes to sell as well as forget about all the other costs involved in a real estate transaction.
Loren Cota
Wholesaler on Big Island
5 November 2024 | 15 replies
Hi @Loren Cota - I just wrapped up a wholesale transaction on the Big Island yesterday north of Kona.
Mitchell Coles
High-Performing Townhouse Rental in Charlotte's Historic Fourth Ward
7 November 2024 | 0 replies
By leveraging my knowledge of the transaction and timing, I negotiated favorable terms, securing a rare townhouse investment opportunity in Charlotte’s historic Fourth Ward.
Mitchell Coles
High-Performing Townhouse Rental in Charlotte's Historic Fourth Ward
7 November 2024 | 0 replies
By leveraging my knowledge of the transaction and timing, I negotiated favorable terms, securing a rare townhouse investment opportunity in Charlotte’s historic Fourth Ward.