Drew Y.
Cash out and pay taxes?
18 September 2018 | 10 replies
Keep in mind that if your buyer is also going to be taking out another loan to cover all or some of his portion of the payment of the balance to you, the lending institution is going to want you to take a subordinate position to their first-lien note.
Anna Buffkin
Hurricane Florence tenant memos
12 September 2018 | 3 replies
This message is a little late, but as I just did mind, a reminder to contact tenants ahead of Hurricane Florence.
Drew Cameron
Personal line of credit for flipping funds
25 April 2019 | 10 replies
@Yuriy Skripnichenko would you mind sending me some recommendations as well?
Kenneth Jenkins
Is wholesaling legal in Alabama
3 March 2019 | 12 replies
Find funding, buy a deeply discounted property, resell it to a rehabber.Again, wholesaling is legal in all states because you own the property. keep in mind though in Oregon if your not owner occupying it.. and you intend to resell.. you ALSO need a developers licenseyou need a bond and insurance... so again cant make these blanket statements yes it legal to buy and resell but you do have to have those licenses to do that...
Frank Regal
House Hacking in the Houston TX Area
14 February 2019 | 15 replies
If you don't mind me asking, where is your house hack located?
David Brown
How To Structure This Owner-Finance Deal
18 November 2019 | 17 replies
Always looking to partner with like-minded individuals.
Cory Cox
Inherited Tenant Question
12 September 2018 | 6 replies
Keep in mind even tho they haven’t paid and Loney hasn’t changed hands YOU haven’t given them a late notice or notice to quit so technically since they most likely haven’t been informed in legal fashion, they might have some ground to stand on.
Dalton Dellinger
Private Money Scam??
20 March 2019 | 16 replies
But they were simply to easy to approve my business model which was not just vanilla flip loan. ( keep in mind I have been a HML for decades so I know the industry plus I am NMLS licensed mortgage banker ) but anyway they were just too quick to say yup your approved send in 10k for due diligence to go to the next step..
Daniel Brown
What would your strategy be?
26 November 2018 | 15 replies
Keep in mind I havent seen any of these properties fully just yet.
Joshua Stewart
Building 9 or 10 Spec Houses in an Existing Neighborhood
12 September 2018 | 0 replies
Someone has done something similar to what I want to do - building new mixed into an existing neighborhood - with five homes all side-by-side that average over $100,000 more than the existing homes in that area.Some of my questions are:Is there reason to be concerned that existing homes in the neighborhood have low values because of their age and condition, keeping in mind I want to build 9 or 10 and raise the level of the neighborhood?