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9 April 2015 | 9 replies
Be prepared to write checks, the appraisal will be hefty, inspections, bank fees and closing costs......guessing, 10K at around a 750K sale.
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8 April 2015 | 11 replies
I did have my lawyer write up the contract but he never said anything.
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8 April 2015 | 10 replies
Write a small bio for the home that will give people interested in the property a real connection to it.
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26 May 2015 | 17 replies
I'm writing this while sitting overnight for overtime trying to get the down payment for my first seller finance move-in ready buy and hold.
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9 April 2015 | 3 replies
Since I'm in Florida I found they don't write policies in some areas.
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8 April 2015 | 0 replies
I looked at the loan for property A and it says I must occupy the property for at least one year (4 months from now), unless I have in writing saying otherwise.I will be able to count 75% of rent toward income if I have a signed lease in place.
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28 April 2015 | 55 replies
The thing that really scares me in this thread, and @Steve Babiak touched on it briefly, is everyone here is willy-nilly writing a rejection letter that could get them into serious legal trouble.
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9 April 2015 | 7 replies
Then I would work out the financials for the following options:Wholesale it as isPartner with someone who has boots on the ground and manages the flipPartner with someone who has boots on the ground to rehab and then holdList the property with a Realtor and try to get retail valueIf you are planning to flip it, then I would pay the taxes/liens up front or at least contact the agencies and get (IN WRITING) confirmation that they will not force a sale for x amount of time (I'm not certain this would be possible and seems like too much headache).
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8 April 2015 | 4 replies
@Matthew Paul take a minute now and write down all your requirements for tenants.
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11 April 2015 | 10 replies
For ours, we had to jump through so many hoops that we almost just gave up, with my husband's employer having to write statements about travel expenses being reimbursed, years of tax returns as we have rental income, letters of explanation for almost every deposit over months of statements, just an amazing amount of paperwork.