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17 May 2018 | 4 replies
-Ability to read and understand most contracts and financial documentsWhat I need:-Money to fund deals likely 400k-1.2 million for first acquisition-Multifamily Experience for the loan and to make raising the money easier (probable possible without, but much better with)-Net worth and Liquidity requirements to qualify for the loan-Experience in turning around a value add in 12-18 months successfully -Experience in Underwriting deals and due diligence-People who are very good at organizing and systematizing-People who excel at operations and administration-People who have a great understanding of construction and contractors (Boots on the ground is a huge plus)All honest feedback is greatly appreciated.Thank you!
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30 April 2018 | 20 replies
Happy to receive a compliment like this.
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27 April 2018 | 4 replies
The realtor is receiving a good amount of leads, but no apps.
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28 April 2018 | 7 replies
Also in a case of commercial property, you will ask for due diligence time that should start only after all documentation is received.
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27 April 2018 | 1 reply
When it was noted that the rent on the new property would cover the new mortgage payment, I received my pre approval.Best of luck.
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25 May 2018 | 11 replies
Would be easy to throw on the MLS and sell for profit but the numbers make sense for a long-term rental.Anyone who has purchased a tax foreclosed property - have you had an issue with prior liens after receiving a tax deed?
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29 April 2018 | 6 replies
Most cant call title company and get a date down on the phone We could and did. and most wont take the risk which we did.. there is a lot of risk buying sub too with no title insurance or paying off a loan with no title insurance.. but that's were the big money is made in this field.I would walk into the homes we bought and many times the people leave the 200 plus direct mail pieces they received right there in a neat pile on the counter..
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2 May 2018 | 5 replies
I am a home owner of an 1932 "cabin" in the Santa Cruz Mountains, (Los Gatos) and I just received a letter from the county of Santa Clara.
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28 April 2018 | 2 replies
As a owner of the property, do I receive original deed, title information and certificate of occupancy?
20 May 2018 | 17 replies
Additionally we have in the contract that due diligence WILL NOT start until ALL items are received listed in the PSA that we want from the seller.