William Morgan
How-to Qualify my Tenant-Buyer for refinancing later on?
4 April 2016 | 4 replies
In reality, the buyer cannot "make money" buying a home, so we buffer it a couple grand to account for property tax prorations etc.Seller nets: $75k.NOTE: Before all you real estate investors get excited and start making threads proposing crazy things--- Gift of Equity can only be between family.- Making up familial relations where none exist would constitute mortgage fraud.- The person buying the home MUST intend to occupy.- There are some other nuances, not all loan originators / lenders do GoE.Now, as for the mechanics of this... don't buy that home until your nephew is solidly preapproved.
Matthew Schroeder
Denver (Splitting Utilities - Sub Metering or Other Solutions)
16 April 2016 | 2 replies
If the second house is completely detached, adding a second electrical service shouldn't be too difficult but it's probably a couple grand.
Joey English
A no-good deed goes unnoticed
24 May 2016 | 4 replies
The faulty contract holder then quit claimed their interest back to the son because the son decided he’d like to own the property again.And for the grand finale:The mom passed away with no will.
David Coombes
2% v. 50% Rules in Saint Louis
4 April 2016 | 26 replies
Yes the areas you think of as 'Tower Grove'-Tower Grove South (near the park), Shaw, Tower Grove East (right by Grand) are all great areas and you won't find too many properties to buy based on returns as most of those sell based on owner occupied.
Clinton Dochuk
Short term renting in Ontario
23 January 2017 | 5 replies
I had a cottage in Grand Bend area of Ontario and it rented very well yet it was getting older so I sold it.I think you will find the best value where ever there is lots of people and a nice beach.
Solomon Oh
Returned letters from Direct Mail Campaign
30 January 2017 | 13 replies
In 2016, my company spent a few grand in title searches for a few properties that fell through; if I would have done my due diligence previously, I would have known before spending the money.
Donnell Durden
Vet partner? Could this be my in?
17 January 2017 | 4 replies
That got my thoughts going.My girlfriends grand father may be one of those people.
Calvin Beeke
What should I pay? 12 unit
3 January 2018 | 26 replies
Coil Laundry - $2,500 Area is an A or B, suburb location within 20 minutes of Grand Rapids, MI.
Benjamin Shaw
Our first unconventional small success in real estate.
18 February 2017 | 1 reply
We did not win anything, until the end of the day when everyone else was at the back of the room buying his program and he ran to the back to raffle off the grand prize, an older version of the current course he was offering for $995.As he called the number my eyes blurred a bit as I looked down at my ticket.
Cory Lambright
Ideas where to look for Private Money?
10 January 2017 | 3 replies
These properties are located in the Grand Rapids, MI area and are a steal for the location.I would like to purchase each one separate and complete back to back rehabs,.