Allen L.
Seller's agent showed my bank statement to the seller
I submitted a bank statement as POF for a cash purchase to the seller's agent. She in turn sent it to the sellers and had them initial the pages. This seems like a leak of sensitive information, and it makes me angry ...
Account Closed
Issues Finding Information On Abandoned Property
Hi all,
I was just wondering if I could get some insight into an issue I've run into trying to find the present owners of an abandoned property. Address does not turn up in a property search and one page lists the b...
Tammy Patchin
Sherman TX Flip - One of my greatest lessons to date!
Investment Info:
Single-family residence fix & flip investment in Sherman.
Purchase price: $147,000
Cash invested: $80,000
SFH, 4/2, 2351 sq feet, 2 car garage, 1.5 acres
What made you i...
David Anievas
Can you correct a leaning house?
Hi All -Long time reader, first time poster in Colorado.I'm looking at a townhouse as a flip. I have a structural report identifying some foundation issues in the basement, and an estimate to "stabilize" the issue. ...
Gary Dale McKee
What does a letter to a possible seller need to say?
Since I am new to the business and have had some trouble finding properties, I am going to start sending letters to owners of properties that look in distress. • what does the letter need to say. • how does it need t...
Benjamin Cowles
Couple questions about foreclosures
I'm marketing to them and as I'm working on them and envisioning various scenarios I often find myself confused. So please grade my assumptions here.If I take over someone's payments, would I want to put it in a trust...
John Nalley
Selling Home Charlotte NC
We’ve built up some decent equity in our home and are about to close on a new one shortly. I was hoping to tap into that equity but our house has been on the market for about 35 days now with less action than I’d hope...
Eric Peterson
Right of Redemption Concern
Hello everyone. I've read a tremendous number of posts here in the last few weeks. I haven't seen this particular question addressed so I hope it is worthy of your input and experience.Situation summary: Property c...
Bernadette Andrews
To fix or not to fix cracks before selling investment property?
Hello! I am hoping to get some advice on about an investment property we're about to put on the market in VA. The area has very low inventory and our tenants are moving out in May so we believe now is the tell to sell...
Silvia DeLeon
Hard Money Lender Interest Rate Terms
Hello, Just met a hard money lender and his terms are 1.67% per month and 4 points. To find out the annual percent I multiply the 1.67 x 12, correct? So if I'm right, that would be 20%??!! Yikes. Thanks, Silvia