Jingjing Yu
My first rental property in NWA in this crazy market
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $180,000
Cash invested: $9,000
I bought a 3 bed 2 full bath in Bentonville recently for 180k. It was tough in thi...
Charlesa F.
Putting property in an LLC
At what point do you put your home in an LLC?
I found a multifamily and put an offer on it. I want to put it in an LLC but my realtor says that I cant until after closing, He said because the LLC isn't formed yet. So...
Mike Watson
Rent To Own Contract Breach in PA - Rules?
I have a bad Buyer that I am in a RTO contract with. He's since breached the contract over an issue other than late payments. I gave him a 10 day quit notice today. What are the differences of a RTO contract breach...
Mike Dugan
Land Contract Income during verification - Due on sale concern?
Trying to think ahead about the following scenario:1. I sell a house that has underlying mortgage still on a land contract, which put me at risk for a due on sale trigger (understand the risks of note being called fr...
Jestin Sorenson
4 unit assuming mortgage
I have a property under contract for $300k. I will be assuming the mortgage of around 274k, and the rest will be under a contract for deed. The title company doesn't seem to be as familiar with these types of transact...
Karla Yudy
What are your REI Strategies & how do you implement them?
Hi all,I think this could be a fun topic and informational for many. Anyone who wants to is welcome to participate :). The fun thing about real estate investing and why many of us got into it in the first place is tha...
Peyton LaBarbera
Inspection Contingency Clause question
Just to clarify if within the 10 day inspection contingency clause I decided to back out because I can't find a buyer do I get my EMD back?I watched a Flipping Mastery video and he explained it where this is totally a...
Account Closed
Land Contract - Buyer Sign QuitClaim
Hi all,
I recently purchased a property on a land contract. The title/escrow company has asked me (buyer) to sign a quitclaim deed to keep on file (in case of default).
Is this common practice for buyin...
QUINCY ROE
WHOLESALES
Is there a formula to calculate how much your fee should be on a wholesale/contract assignment deal?
Travis Thornton
Leasing a property to own - Flip while still leased? Possible?
Tulsa, OKThere is a nice property in an active area that's a lease to own. They want 93k for the house. $1500 down, $975 a month. Homes around it have sold recently for 100k-150k.Would it be possible/legal to take th...