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16 June 2015 | 4 replies
-Vacancy Rate of 10% -Repairs and Maintenance 5%-Capital Expenditures 10%For the sake of simplicity, I assumed the following to be 0%-Property Management Fees-Future Income Increases (rent increase) -Future Property Value Increases (property tax increase)-Future Expenses Increases (Maintenance fee increase)On paper, this property is cash flowing at $167 (0% down) and $295 (25% down) - I am hoping to leverage as much as possible on this property through refinance in future & I believe based on the rental income, this property can support leverage.I would like to know your thoughts around this and if you think this deal is one that we should proceed.
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13 July 2015 | 56 replies
Buying a house for $1,000 seems like you can't lose, but with those $1,000 houses come back taxes and in some cases, immediate foreclosure proceedings against the new owner.
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19 June 2015 | 11 replies
My question is once title is transferred through the court does it get a full title report ran just like it does in escrow?
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5 August 2015 | 13 replies
The proceeds from these transactions would then fund the down payment for your buy & hold.
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23 June 2015 | 31 replies
Usually in court a judge will say a buyer has a "right to your own inquiry".
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16 June 2015 | 0 replies
I am dealing with the court appointed trustee.
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17 June 2015 | 4 replies
I was summoned to court after carrying out what I thought was due process for a tenant who had a month to month agreement.
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14 August 2015 | 17 replies
I'm not sure if your tenants are still there, but definitely consult your attorney on this one as to how to proceed.
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17 June 2015 | 8 replies
Any suggestions on best way to proceed.
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17 June 2015 | 1 reply
Currently in process of closing on a year and half long short sale proceeding where assistance is needed in locating funding source to provide financials for 31 day period in between A --> B and thereafter --> C closing.Arms Length Affidavit permits for listing to be transferred prior to 30 days and need lien loan provided for duration of ALA.Any/All referrals will be very much appreciated