First, I'll lay out the facts and then I'll follow that with the questions...
The Scenario
1. We purchased a house for $467K as an investment property in January, 2022 (the 3rd in our portfolio and in no way would b...
About a year ago we took out a $2.6M loan for a commercial property. Things got really complicated with the deal and construction took much longer than anticipated. This, coupled with a reduction on the price of the p...
I have a deal under contract and quickly pulled the trigger with a hard money lender to get it fast. Now I am a little concerned with some things written pertaining to the hard money loan. Here is the list given to me...
If you're going to assign a deal to someone else, who puts down the earnest money? Also, at what point is the assignee brought in?
Thanks,
Troy
I am on the verge of accepting private money from friends and family who trust me and know the capability of the business. I am struggling to understand just how much I should be charged for the private money. They ar...
Hi I am new to real estate, and i am having a hard time understanding how to negotiate a pre-foreclosure, my question is pretty straight forward. " can I buy a pre-foreclosure for less than the outstanding balance?" ....
I had someone call in from my direct mailing campaign and leave me a message. I looked up the property and realized it is in pre-forclosure (NOD). I know the laws on pre-forclosures in Maryland are very strict and we ...
By any chance does anyone have a purchase contract & assignment contract they would be willing to share with me for California?
Hello, I have mapped out three homes in pre-foreclosure that I found using the Foreclosure.com website. Extremely useful site for anyone who is looking for homes in pre-foreclosure. I found information on the owner, l...
Hi everyone, just recently got into the real estate/ house hacking and the FHA rabbit hole and have now decided to try house hacking this year. Me and my husband’s lease is about to end this September, and we’re in th...