JD Hawkins
Addendum's needed to do REO and Short Sales.
Long time RE investor but new at wholesaling. I am ready to start making offers on REO as well as Short Sales I will be using Double closings where I will do First the A-B closing with Transactional funds and will...
Phil Petite
Need Some Help/Advice - Tenant in Place and Not Paying
Hi BP!One of the rentals that I own in Memphis, TN that I bought in early January had a Section 8 tenant already in place, the deal looked good on paper, but I forgot to ask for the rent ledger. It turns out that the ...
Ty Clemmons
Hard money loans
I recently flipped my first property and it was a cash purchase. I want to start flipping houses with hard money loans. I want to get tips on the steps to obtain a hard money loan.
Karen F.
First slip and fall lawsuit - any advice?
I guess it had to happen, after ten years in the business. Just got notice of our first slip and fall lawsuit. The tenant was at the time being evicted for non-payment of rent, was evicted, and now, about six months...
Ray Addison II
New Mortgage Regulation Coming Oct 3rd
Check out the attached article. The changes will merge the HUD-1 Settlement Statement, the Good Faith Estimate, and the Truth-in-Lending disclosure form into two new closing forms: a Loan Estimate and a Closing Discl...
Ray Addison II
New Mortgage Regs Oct 3rd. Must Read!
Check out the attached article. The changes will merge the HUD-1 Settlement Statement, the Good Faith Estimate, and the Truth-in-Lending disclosure form into two new closing forms: a Loan Estimate and a Closing Discl...
Mike Schorah
How do you word a contract extension?
What do you say in an addendum to extend a contract’s closing date?I want to make sure I’m in the clear here with the legal jargon.Does anyone have example documents?
Charles David
Dollar amount on Deed is $10
I recently acquired my second property. One of the papers I had to sign at the escrow office was the Statutory Warranty Deed. It states:"THE GRANTORS Joe Jones Jr. and Janet Jane Jones, husband and wife for and in c...
Henrietta M.
structuring motivated sellers assumable loan, no money down deal?
Hello! I have motivated sellers selling a 3 bd 2 ba modular home, 1500 sq ft. It's located in a once popular oil field town, outskirts of Colorado. The husband got a job 155 miles away and that's the motivation.They r...
Tracy Stein
Turbulent Waters Ahead for Real Estate and Mortgage Industry - Ne
Changes That Will Affect the Entire Real Estate and Mortgage IndustryThe rules are changing for mortgage lenders. The consumer Financial Protection Bureau (cFPB) is replacing some of the forms used at closing and requ...