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25 May 2016 | 3 replies
I walked the outside of the outdated property and snapped some pics, rolled some numbers in my head around:Mid-range ARV around 400knew doors and windows throughout, 15k including entries for good stuff (I know that's high, better to err on the side of caution)fresh paint in/out at $5 per sf for good stuff, call it 9kflooring throughout, 6.2k at $3.50 a sf2 bathrooms, 15k kitchen 20k including appliancesso about 55-60, plus some extra for unforseen and pool, so 65-70k, leaving me an offer of 200-230ishI'm sitting in this driveway for a solid 45 minutes taking notes, running numbers, pulling title info & last sale price/date (Chicago Title mobile app), etc.
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7 February 2017 | 8 replies
@Lisa MazzarriI can give you a list of Chicago title companies who can double close.
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30 May 2016 | 8 replies
Be sure you do a Title Search and obtain MLC Municipal Lien Certificate.
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25 May 2016 | 15 replies
So Jake (or anyone else) if it takes around 30 days to close is the 2 years PURCHASE DATE to title CLOSING date?
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11 September 2019 | 23 replies
Bookmark - at this time - when I pay the seller or bank directly the 300K - seller can write a contract with me to transfer the title and deed to me with an attorney.No?
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24 May 2016 | 2 replies
@Xavier BenitezYou need to do separate contracts for the following reasons :- If you are using a TREC contract you can only input one legal description- If you are getting a loan other than a commercial loan, you will be getting 3 loans so you will need 3 contracts- If you are wholesaling them you have more options to separate- You will want separate title insurance for each property- You will want a separate deed for each if you are holding them
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25 May 2016 | 6 replies
I would follow that with another title by Brandon Turner, "The book on investing in real estate with no and low money down".
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25 May 2016 | 1 reply
I'm not quite sure where to go from here with getting prepared to attempt a purchase.I know a title search is important.
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25 May 2016 | 6 replies
Just making sure it's not something wonky like they would make the current owner pay the taxes before title transfers.
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8 June 2016 | 14 replies
. $100 minimum investment is typical on Title III portals which has not been applied to real estate yet.