Abraham Pereda
Buying a Resort in Wine Country, Baja, Mexico
23 May 2024 | 9 replies
I didn't mention them because it would take a long reply so we might as well discuss that when you call.
Travis Cheney
ISO Rehab to Rent financing
23 May 2024 | 6 replies
Hey Travis, I close a number of these for clients, usually more common on properties that were wrecked by previous tenants and they want to use existing equity to help repair the damages.We would classify it as a 'Refi-rehab' that would include a direct 'cash out' portion as well as a rehab escrow to reimburse you after you finish the repairs.
Account Closed
Foreclosure, Pre-foreclosure auctions.
22 May 2024 | 2 replies
You can offer to lend the seller money to stop the foreclosures. 7 or do a lease with an option to buy - making up the back payments that would be considered you advance lease payment.Always look at the property if you have intentions of bidding at the auction (this can be tricky because you need to do that with the owner's permission - do try to build a rapport with seller - also look at the foreclosure suit to find out what the bank is looking for and if there is a second mortgage or other liens.At the court house steps when the auction take place you need to be well prepared with your certified funds but more importantly you need to know the fast sale value of the property - you don't want to pay retail.Get to know your competition - there will be professionals at the foreclosure auction looking to capture some serious equity.
Andrew Gavre
Has Anyone Tried This Strategy?
23 May 2024 | 12 replies
How well would someone accustomed to living in a dilapidated house maintain it during the sales process?
David Klink
Time to Scale
22 May 2024 | 4 replies
You can do well in the city or county with the right strategy.
Ruth Lyons
Inspectors killed my deal -- 3 times, Any advice?
23 May 2024 | 52 replies
The insulation is easy to have a company remove, the mold is easy to test and determine how to treat, and the chimney work as well could be negotiated.I have actually only ever said no to one or two inspection items.
Sunny Karen
Planning to start investing in Detroit - any one use Upside investments?
22 May 2024 | 48 replies
Anyone that knows Detroit well knows it's C Class.
Ashish Wa
Finally found a good tenant but!!!
22 May 2024 | 14 replies
In addition, the owner of the home must not own more than three single-family homes.3) They are unable to provide sufficient documentation, such as the emotional support animal letter, that verifies the ESA is necessary for their health and well-being.4) The tenant provides fraudulent documentation attesting to their need for an emotional support animal (usually a fake emotional support animal letter).5) The landlord can demonstrate that making accommodations for an ESA would impose undue financial burden or logistical burden. 6) The animal is destructive to the property or displays threatening behaviors that could put other tenants or yourself at risk.7) The size or nature of the animal makes it impossible to house safely or humanely.
Lauren Plaxco
Need Real Estate Atty Recc's - taking seller to court for breach of contract
22 May 2024 | 3 replies
Louis as well.