Alex Sinunu
Finding and evaluating private lending mortgage brokers
12 February 2024 | 10 replies
Leaving servicing up to the lender could potentially put your installment payments at risk and in many states servicers need to be licensed anyways so double-check that part as well.
Yacine Bouabba
2 story vs 1 story home for leasing and and re-selling
12 February 2024 | 4 replies
On the flip side, two-story homes provide more living space, greater design flexibility, and the potential for higher investment returns.
JP Krueger
Sell as 2 family or condo conversion
12 February 2024 | 8 replies
Alternatively, if your headache is entirely just from having to think about the property, maybe it would be better to pocket the potential $350k profit from the sale and move on.
Jason Leggett
Subject to / seller financing hybrid
12 February 2024 | 5 replies
Second: You will need C) Executory agreement (add clause that if you default on the payment, seller can take back ownership D) In addition, a purchase an sales agreement reflecting the subject to the existing mortgage note, under the seller's nameGet title insurance with the seller as a secondary in addition to the insurance already on the property.The purchase agreement reflecting both the equity payments and mortgage subject shall be executed and held deed to property, via this hybrid transaction be transferred into the buyer name..The deed, instead of being recorded at the registry, triggering a potential risk of a due on sale clause, shall be held in a mutual accessed safety deposit box along with the executory contract.
Cody Vandermartin
Out of State Investor: Looking at Dayton
12 February 2024 | 12 replies
Hey Cody, if you're looking for cash-flowing deals with a low-entry point Dayton has potential.
Mia Thorpe
Gaining investment Capital
12 February 2024 | 2 replies
Investors need to accurately estimate renovation costs, rental potential, property values, and have the ability to refinance to ensure the strategy remains profitable.
Marc Massicotte
Probate and wholesaling contracts
12 February 2024 | 6 replies
If you are working on wholesaling a property in probate, do you specify a potential closing date on the PSA or leave it open ended as "Upon probate approval"?
Quin Green
How to find Foreclosures in Ontario
12 February 2024 | 18 replies
Will get into rehabing, etc later on down the road potentially.
Tyson Scheutze
Same Street, Different Home
12 February 2024 | 0 replies
A potential homeowner—with multiple financing and inspection contingencies—didn’t have a chance of winning the contract to buy a home when competing against the no-contingency cash offer of a fund.
Amer Swid
Need an advice on my inspection report!!Sorry Im panicking but this is my rental purc
10 February 2024 | 3 replies
Asbestos, given its health risks, requires professional assessment and potential removal or encapsulation, with costs ranging from $1,500 to over $30,000, based on the extent and abatement method.