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24 January 2025 | 4 replies
For your 1st time, pay a Property/Land/Transaction Attorney to review the title commitment with you to make sure that there are only the outstanding liens on the property, and that the owner has title.- Collect Tax Certificate to verify Property Taxes are Paid- Get a current statement from the seller to verify the existing balance, if they are delinquent, you can get the bank on the phone to verify the amount to make the loan current.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.
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15 February 2025 | 14 replies
You either need to pile up more cash or give up some comfort via owner occupied investment options.
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7 February 2025 | 12 replies
We spend far too little time looking for small multi-family deals in this area for the reasons you listed although we would look closely at an off-market (perhaps owner financed deal).
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3 February 2025 | 7 replies
:(The system found out that many people were NOT cut out to be property owners.
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27 January 2025 | 2 replies
Me the owner or my realtor?
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28 January 2025 | 10 replies
Pricing - If you cannot check your competitions price and adjust yours daily you may want pricing software (PriceLabs probably best for single listing owners/operators).
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29 January 2025 | 40 replies
Or are you actually talking to a bank about buying the note so you can see the notes and credit on the owner of the property?
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18 January 2025 | 15 replies
Without going into too much detail, my current situation stems from selling a previous company via partial owner financing, only for the new owner to default on the purchase, leaving me in this position.For traditional financing, I understand I’ll need at least one, if not two, years of solid credit history, tax filings, and other financial documentation.
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21 January 2025 | 13 replies
We I purchasedthe property, the previous owners updated the plumbing, adding HAVCand updated the electrical.
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20 January 2025 | 1 reply
I’ve had most luck with signs in front of my plaza and word of mouth - networking at Chamber of Commerce and chatting with other business owners in the area.