Hello guys,my partner and i are using for the first time a local hard money lender in the los angeles area. We are borrowing 250k over 3 monthsWe just received their estimated settlement statement which seems to carry...
Hey... We are looking for some wisdom here as this technically our first land sales contract using our lawyer to draw up the paperwork.The buyer has a 5 year old daughter that is very cute and we love her to death (ou...
Hey BP:
I am about ready to close in the next week on another property in Indiana. It is an all-cash purchase. However, I have a partner who is willing to cover the rehab costs of 40K. I have the promissory note w...
I'm getting conventional financing on a 4 unit property with a purchase price of $130k. The appraisal came back with a rebuild cost of $428k and my bank says my insurance must be for at least 80% of this cost.
I was...
We have owned a duplex in our area for approximately 12 years. Our elderly neighbor moved out and sold the home to a couple that is currently renovating the property and has produced a common drive agreement from 1953...
I'm just starting to rent my house out. I selected a tenant with an excellent background check. I presented her my rental agreement, which says in part:"All personal property on premises shall be and remain at tenan...
I bought my first investment property a few months ago, a SFR. Starting to think about the next one now. I have all my personal lines of insurance (2 autos, 2 small term life policies, homeowners) and now my 1 SF...
My husband and I have purchased our first investment property and have no idea what we're doing. I've been trying to research insurance companies for property insurance only to be told that they cannot insure us becau...
What type of insurance do you use for a flip? I'm may keep it for a rental but I still need to totally renovate it for 2-3 months, so it will be vacant. My regular agent won't insure it for renovations or being vacant...
I acquired a house by a Sheriff's Deed at a tax sale for unpaid taxes here in Texas. It was not a homestead, which limits the redemption period to 6 months. As a homestead in Texas it is 24 month redemption period.Q...