Mike M.
Tenant Equitable Interest Question
24 July 2013 | 7 replies
My estoppel letter has a statement about the tenants not having any claim to rent offsets, but does not specifically address the issue of tenant interest in the property.
Jeremy Merwarth
Meeting a wholesaler for the first time
23 July 2013 | 2 replies
The only information you need from the wholesaler is an address and a price -- the wholesaler needs to know your model, your criteria, your farm area, etc.
Mark Forest
Tenants who applied provided false info
4 August 2013 | 9 replies
The female had entered an e-mail and when I tried that I got a message back that there is no such e-mail address.
Robert Perea-Martinez
"Dealer" classification while doing Lease Option Assignments?
10 August 2013 | 7 replies
Lastly, another ultra-wise investor @Tracy Caywood once commented to the effect of “a person can flip options in your Self Directed Roth IRA…Your account balance must reflect enough funds to cover your investment, otherwise it can’t be funded.
Jay Y.
Closed on Rental Property #3 Today!
26 July 2013 | 24 replies
For example, if you do not list the bank name and address where the security deposit is being held IN THE LEASE, then you are liable for THREE TIMES the security deposit.
Joshua Daniels
Helping friend get funding for large development, need advice.
24 July 2013 | 5 replies
The bulk of that money would effectively be the "down payment" to go to a bank or other lenders for the remainder of the money.
Jacob Seethaler
Effect to seller credit of Subject To
25 July 2013 | 7 replies
Certainly, if they're trying to buy a new house shortly after selling an existing on subject to, the new lender is just going to treat the old loan as if its still in effect and the borrower is still responsible for it.
Tyrus Shivers
Owner Financing Suggestions/Help
30 July 2013 | 9 replies
I find the seller through the address and the tax info, or skip tracing services.
Samson Kay
Business Lines of Credit, what can I do with one.
25 July 2013 | 5 replies
In other words, even if a wholesale deal in my area even within the 65%ARV less rehab costs criteria, I would not have enough money to acquire and do the work using only the credit line.My question is 2 fold:1) Can I use the business line of credit as a down payment, then get a conventional mortgage like a 203K FHA to purchase and rehab the property. 2) Can I refi out to pay the loan if there is enough equity built into the property when the rehab is done.Not really sure whats an effective way to use this line of credit, if all the wholesale properties in my areas are priced in the 150k range.
Ben Leybovich
Neighbor vs. Neighbor
26 July 2013 | 23 replies
I'll need that address in case stuff hits the fan :)