Lawrence Monyei
Can I originate commercial mortgage without license?
Hello Mortgage Gurus,I opened up a book on amazon.com titled "The Art of Commercial Brokering" authored by E. F. Dupuy, and I read from it that someone can work as a Commercial Mortgage Broker or Commercial Mortgage O...
Mike Nelson
Trying to understand this REHABBER's strategy......
Im looking for new ways to get some leads on potential rehabs and I took to the county records to see what properties one of the more successful Rehabbers in my area does for sniffing out good leads. Well I looked at...
Todd Peoples
Determining best use based on lot size
I have a lot I am evaluating in an emerging part of town near several multi-family and townhome developments. The lot size is 12,250 sq ft with 5 ft minimum front and back setbacks. Price is $40/sq ft which seems exp...
Ivan Jouikov
REO Weird Addenda?
SO i have an REO property under contract and apparently the seller's agent sent us some forms that we're required to fill out as a part of "standard bank procedure." My Realtor said "sorry I don't know what they are" ...
Scott Morse
1st post..... REO flip.... Default Concern
Hey guys...
This is my first post, so I hope this community of fellow entrepreneurs can shed some light.
I am in the beginning stages of doing my first double close. I found the house I was interested in (REO) at a...
Cindy Auch
Is interest received from fix & flip loans subject to self employment tax?
Wanting to understand how the interest part of our income (partnership LLC) for short term loans- mostly fix & flips, are considered for tax. One accountant said it’s not subject to self employment tax since it’s ...
Jeff Filali
Why do people advertise ficticious, inflated ARV figures?
I get contacted almost daily by wholesalers with their next great deal, and it seems like 80% of them just make up ARV's. It seems like they just take whatever amount they want for the property, and add in some guess...
Roman Stefaniw
Arms length Mortgages/Private Lending
Hello everyone. I'm interested in lending money out using a self directed RRSP or TFSA account (I'm Canadian). They are called Arms length mortgages in Canada. I was wondering if anyone has done this before and can of...
Dolores Waldron
Direct Mail - do you put your return address on the envelope?
Hi All,Wanted to get your thoughts on Direct Mail pieces I have sent out - they were first class letters and I put my own mailing address as the return address - what do other people do? Just curious if its the best i...
Teddy Johnson
HOA is Blatantly Violating the Bylaws, need advice.
My HOA has stopped allowing access to the homeowners to both the sauna's and clubhouse. They've made the clubhouse their personal lunch room and tool shed. They also added an expansion to the community of $120k of a...