Natalie Schanne
When are private mortgages released? Construction Lien / 2nd mort
24 August 2017 | 4 replies
My claim seems equivalent to the process you would use for the lien release of a private lender first or second mortgage.Who do I work with in the transaction to allow the sale to go through without a cloud on title, but also get paid?
Shane Albert
Looking for help in Northwest Illinois
24 August 2017 | 3 replies
This will allow us to sell our current home and then move into the mortgage free home and sell (or rent) our primary home.Since we are hands on do-it-yourself investors we cant continue until one is done.
Account Closed
2 tenants on lease. What happens if I apply to evict one? ONTARIO
26 August 2017 | 10 replies
If I apply with an N4 followed by an L1 and I do get that tenant out, is the other tenant allowed to stay there and pay half the rent + utilities and only?
Harris L.
Understanding Slightly Complicated 1031 Exchange
29 August 2017 | 7 replies
This allows you to get cash at closing and 30 years of tax deferral.
Michael Zack
Discrimination? How to prevent it.
11 September 2017 | 33 replies
Issues that they should have never allowed to happen in the first place. 9 times in 10 when a landlord gets a bad tenant or a poor fitting tenant it is the landlords own fault for not screening them out.Fear of placing your business interests ahead of applicants interests always turns out bad for the landlord.
Mike Hottinga
New Arizona Landlord/House Hacker
27 August 2017 | 7 replies
The reason for this extra step (which a lot of people don’t think is necessary), is even the craziest and weirdest people can sound good on the phone.The in-person coffee meeting shows: 1.) if they are willing to invest in you, and; 2.) allows you to really get a good gut-check on them and make sure you feel good about proceeding.
Account Closed
Best option for financing a short sale
25 August 2017 | 1 reply
Inspection contingencies, appraisal contingencies, loan contingencies, etc. that allow you to back out without losing your earnest money.Most lienholders want you to be able to document that you have the money and are ready to go.
Andy W.
Leveraging equity from multiple properties
5 September 2017 | 7 replies
A couple of you mentioned the importance of not getting into negative cashflow on a particular property: while I don't expect to get into that situation, does it matter if a property is in negative cashflow if it allows me to purchase a new property, and the combined income from both properties has a positive cashflow overall?
Riley C.
What is best method of getting pre-qualified w/ Multiple Lenders?
26 August 2017 | 4 replies
I'm able to do this as a broker, I would venture to say that larger banks/lenders may not allow their LO's to accept your credit, and may require a pull even for a prequalification.
Jared Cauffield
Why do you invest in real estate?
27 August 2017 | 49 replies
I want my kids to be able to pursue their passions for whatever that may be but have the firm foundation of real estate/passive income that allows them to be free.