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1 April 2015 | 10 replies
Mainly our deals consist of short sales, and sometimes a rare deal on the MLS.
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1 April 2015 | 4 replies
Or if you take title on a quit-claim, you're getting whatever interest that seller had, along with any clouds on that title.Most common way is to have a traditional closing that clears title and pays off any liens, issues a title policy, and gives you true marketable title - that is only encumbered by whatever you have encumbered it with (mortgage, trust deed, UCC 1, Promissory note, etc.)If you don't / can't go through traditional title (say for example, you buy at a tax foreclosure sale), I'd say it's best practice to go through the quiet title process.
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31 March 2015 | 0 replies
He practically built a whole kitchen for his parents.
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16 January 2017 | 82 replies
It's all about staying consistent and doing, and you will get there.
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28 February 2017 | 47 replies
On the flip side of things, I get their position doing their diligence in order to wrap and resell as Elvin has pointed out (common practice in finc world) as a response to the void in the MBS market for residential funding after the '08 boo boo.
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2 April 2015 | 33 replies
Just by practicing this you'll likely run into someone that lends money, and you probably don't even know it.3.)
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1 April 2015 | 2 replies
One thing we need to figure out is our retirement assets which consist of regular IRAs, ROTH IRAs, and a SDIRA.
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1 April 2015 | 4 replies
Essentially, my plan is to learn, network, tighten up my credit, raise capital, and pull the trigger within the next year (my original plan was within 9 months, but that would mean purchasing in December...I'm afraid it will be more difficult to flip a house in this area during the winter and I want to minimize holding cost as much as practical...thoughts on that are appreciated).That said, I'm a clean slate ready to absorb all the knowledge and wisdom from others in the BP community.
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19 November 2018 | 49 replies
Standard of Practice 15-1REALTORS® shall not knowingly or recklessly file false or unfounded ethics complaints.
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4 April 2015 | 5 replies
Books, podcasts, and forums are great, but are not and will never be a proper substitute for practical experience.