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I have signed contract for SFR on a vacant property. Owner does not live in house and it’s currently empty. Purchase and sale is signed. I have to only wait for bank to complete the closing formalities, but I am confi...
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Hello, I am looking to purchase rental that will finally reside under LLC and will be using bank financing. What stage of the process(before going in contract, between contract and closing or after closing) is optimal...
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Hi. My name is Sandra DeJesus. I think I need an attorney. I closed on my house in North Carolina in July of 2015. About 3 months ago I received a letter from HUD letting me know that I owed them $20,000. I did not kn...
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The lender on my current short sale in dallas said top of this week to get title to send the preliminary hud for the price I offered. So I was thinking it was a go. Plus last week the lender said typically what they d...
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Hello, I've been studying how wholesaling works for awhile, but I don't have a clear sense of how you get the property to closing and how you get your "wholesaling fee". For example- if I found a property for $80k and...
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I am selling my commercial building and am financing the sale. The bldg. is paid for.There will be a down payment and monthly payments but the profit won't be realized for years. Is there a way to avoid the tax liabi...
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... and the seller was at the closing. The last 54 houses that I purchased were all from banks. It was weird to see a seller at the table. Kind of like the old days. It was nice to actually talk about the house and as...
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A friend an I purchased a short sale property in Alpharetta and dropped 40k in improvements and within 1 week of posting on zillow on a forsale by owner, we had 2 offers. We had a tough day of negotiating but have a ...
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"Irwin,I've spent some time thinking about your proposed business model and, also, doing some research and, taking a conservative approach, have concluded that you would be selling real estate and therefore would be ...
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Hi everyone,I am working on a flip, let me know what you think of the numbers. In addition, am I missing anything? Flip Analysis ARV $ 110,000.00 Purchase Price $ (55,000.00) ...