Chris Seveney
Do not play an attorney if you are not one
One of the biggest mistakes I see people who invest in mortgage notes do is, play the role of an attorney. What do I mean by that?I see this occur on both spectrums:I see this very often during due diligence, where an...
Kendall Seals
How to Structure my Real Estate Business
Whats the best way to structure your LLC as a business. I'm starting my own in Chattanooga, TN. I'm looking to do both fix/flip as well as rental properties. Do I need to structure as an Individual LLC or a corporatio...
Ron Brady
Black couple’s home appraises for $500K more when white pal poses as owner
https://nypost.com/2023/03/08/...
Black family sued appraiser in Marin, CA matter. From the article, "The case has now been settled out of court, with appraiser agreeing to pay an undisclosed sum of money to the coup...
David Pupo
The Legality of Wholesaling
Thought I would touch on this topic because of a conversation I had to other day. So I am licensed and working for an investment brokerage here in Florida. I received a call yesterday from another real estate agent wh...
Leeana Cordero
Buying distressed property but seller owes bank!!!!!
Need some advice. I am looking to buy distressed property(3 BDRM, 2 BTHRM 1.4Ksqft), it was listed as 60K owner is willing to take 45-48K because he said he owes the bank. I was going to put down $1,500, try to use ...
Jessica Gourdine
Current Owner vs Owner of Deed
I'm creating my buyers list and I'm starting with searching the MLS for cash buyers within the last 6 months. On the county's website, they have "current owner" and "owner of record"; if there are different names ...
Bret N.
Turn a bad note into a good flip.
I have had a string of buying vacant 2nds in the past 6-months(although I thought they were occupied based upon the credit reports and the reputation of the seller. Eitherway, I'm a big boy and will shoulder the blow)...
Sam Byrd
Deal...Help
I recently became aware of a $2M home in foreclosure. Owner has attempted to sell via MLS for a few months to no avail. A "subject to" would be beyond my scope from a size perspective. The principal balance on the ...
Jarrod Tucker
Flipping Note in Self Directed IRA
I am currently have a verbal agreement in place with on a note lead I picked up through my marketing. With this particular note, I would like to flip it to another investor; however I would like to know if I can do t...
Brandon Kessler
How to urchase using subject to
Looking to purchase a condo from a freind. He moved to Dallas and he has been paying his HOA and morgage for several years now all wile the condo is vacant. I approached him about purchasing it and he seems very inter...