Tom C.
HELP - 10 Unit REO Apartment Complex
2 December 2012 | 7 replies
UNLESS you can verify some of those numbers and make them work better.
Jared Kott
do you like this deal?
2 December 2012 | 2 replies
Jared,You will have to provide more information to get reasonable assessment:With respect to the 1st deal; - What Rent to you realistically expect (everything should be verifiable) - What are the expenses (full breakdown) - How do you know that it will apprise for so nearly 20% higher then you are paying - Why are you so confident that the bank accept the higher appraisal price vs. the purchase priceWith respect to the 6 unit building: - What terms (rate, amortization, term) has the owner offered you - See some of the questions aboveIt's first about the math and then about your gut.
David Karaffa
Aspiring Rehabber & Flipper Looking for Some Advice
6 December 2012 | 11 replies
When you believe a certain amount of work has been completed, you ask the lender to send someone to verify the work done and they will release that portion of the rehab escrow.
Andrew R.
Chase REO accepted...maybe
14 December 2012 | 10 replies
Buyer responsible to verify all information since it was obtained by 3rd party sources
Guillermo M.
Are title companies required to read the Operating Agreement of an LLC when they sell a property?
11 December 2012 | 6 replies
I have had bankers look this up online with our secretary of state and verify its my LLC.
Lance H.
Tenant screening: credit
14 December 2012 | 9 replies
If he is willing to give you all the documents that you listed, without pulling his credit, I would just verify the documents.
Jason Lam
How do you obtain the properties to sell?
17 December 2012 | 6 replies
This time is generally used for the closing agent to prepare paperwork, verify that the house is legally sellable (clear title) and other details around the sale.
Jon Klaus
Managing properties held by your self-directed IRA
22 March 2017 | 27 replies
I am not an attorney so I would verify this with the custodian of your SDIRA or an attorney.
Shaun Reilly
What was the worst offer you ever made?
17 December 2012 | 0 replies
As in the lowest and most unlikely to be accepted.I was cleaning up some old emails and came across one that remided me of one.I put in offers on a lot of HUD houses and in this case I got an email from someone at the asset management company asking if I knew how to verify my bids before confirming them.He cited a property where I bid $389 on something that was listed for $128,000.I just ignored the email but kind of wanted to write back and let him know based on my analysis that I was actually overpaying
John Jabson
How much is needed?
26 December 2012 | 5 replies
I'd do it but only if that guy has a verifiable income, has a hefty bank account, can prove that they have the skills to rehab, and is willing to pay me a crazy interest rate plus a hefty deposit.There just has to be an easier way.Glenn