Had a question for the experts here. When you get liability insurance for your rental property. I'm assuming you get landlord insurance and Umbrella Insurance. My questions were a few fold:1. For Landlord insurance,...
Hello all. Currently I have one sfh. It is a traditional mortgage. I am trying to understand land contracts and how they work. I have a few questions on the process.1. How do the terms work? Is it for 30 years?2. Is t...
Hi all,A friend of mine, who is a successful business owner, wants to partner with me to flip houses. Since I have flipping experience and am very active in RE investing, he will be a passive investor. I am not sure h...
Hello,I have always wanted to own multifamily units of 4, 6, 8 or no more than 50. I have knowledge of several that are owner finance by the sellers. Can you tell me how I can get the owners/sellers to do a MLO with a...
I vacant land and now interested in developing in new construction 2-4 unit on the Southside in the Auburn Gresham area. I've been doing lots of research. Can anyone assist with the process on getting started, permit...
Quick question on the subject of private money.
What are the typical terms in years, rate, amo schedule? Need help to know what I'm up against when trying to raise capital for a deal.
Say if I entered into escrow on a property, went through entitlements, and put in money to develop the project, and upon successful achievement of entitlements sold the property for a higher price than what I was in c...
Hello, I have a possible subject to deal. Just wondering if anyone has had any experiences in doing this with a bank like Wells Fargo. Yes, I am asking about the dreaded "due on sale" clause. Please share your thought...
Is 4 people in a real estate investment partnership or group too many? Does the profit fit just not work with this amount of people involved? Has anyone had experience with this or have their group set up this way? We...
So, I know when you find a property you assign the contract to an investor/ cash buyer, but what happens next? How involved am I with the title company or the cash buyer after I have assigned the contract? I am curren...