John King
Important Financial Statements
Hi Guys,
When seeking financing, whether it be from a bank or private lender, what types of financial statements should be presented to show the lender professionalism and that due-diligence has been thorough...
Drey S.
Tenant with LOADS of Medical School Debt (payments deferred)
Hi there,We are currently screening for a 2/2.5 condo in Newport Beach at $2795 and I'm wondering about the co-signer on the property. Is it normal for a young Orthodontist to pull 20k/month but have almost 700k in st...
Audrey Ezeh
Can you ask about child support payments?
Hi everyone,My M2M tenant just informed me he went to court on Monday and now has to pay $476/month for child support. Rent is $450/month. He said he just wanted me to know things might get tight. I said I'm sorry to ...
Account Closed
Seller has a mortgage, but bank didnt record it at deeds office! seller wants to pocket their proceeds, advice?
So, im under contract to buy a duplex for $68k, actually nearing the end of the contract period. its kinda turned into a hairy mess. Heres the key notes:- Title company found a $10k judgement against the seller which ...
Jill Reid
In the family rehab and transfer - path of least resistance?
My father is looking to sell our family home in Baltimore, Maryland. The house is old (1919) and needs some work. He does not currently live there (no one does) and he is looking to be totally rid of the property. It ...
Devin Borders
Profit Split question
Hey everyone! I'd love your business insights on a partnership I'm considering. I'm thinking about going into business with a friend who is a custom builder and curious to know what the industry standard is for the bu...
Jacob Seethaler
Effect to seller credit of Subject To
I'm curious what anyone's experience has been with sellers who attempt to purchase a new home after selling their home "Subject To". Are they able to qualify for another home purchase because the new buyer is servicin...
Todd Groom
Ways to cancel yearly lease?
We recently acquired a dozen or so multi-family properties. The previous owners gave one tenant reduced rent in exchange for him doing small jobs and being on call for maintenance. Once they sold the property he got ...
Vincent Ballew
LLC Hard money loans and debt to income
I have a situation that I would be very appreciative if I could get some help with. My family and I are relocating to a different state and I was recently denied a loan for a primary residence because my DTI was too ...
Eli Edwards
New, from Los Angeles
Hello all, my names Eli.
Right now I'm a beginner investor with no prior experience. I started researching about real estate investing a few years back, mostly in the library and book store. In 2006 I attended the A...