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HELP! Hard Money Loan with Tax Lien on record
I had a very unfortunate event in which I received an IRS Tax lien a few weeks ago. I am appealing the lien because I did not receive the warnings in the mail. However, it was filed in November. I promptly paid off th...
Abdul R.
Earnest money not being returned
Hello All,The quick story....I entered into a contract to purchase a quadplex in Noblesville, Indiana but the seller never did their part to provide the items I requested in the purchase agreement such as repairs item...
Dan Costantino
Managing draws with Self Directed IRA (Equity Trust)
I am lending money out of my IRA. I have done this before, but I lent the money to a business partner in one lump sum and he released the draws in agreed upon sums. We would partner up on those transactions.I am now...
Kalimah Jenkins
Caliber Home Loans -- Help with getting deal done
I am trying to buy a house from a seller who received a 1099C from Caliber Home Loans. The loan came up on title because Caliber never released it. I know there is for and against arguments as to whether the lien sh...
Ophelia Nicholson
Can a seller terminate a contract without a valid reason?
Ok so you would think all the houses I've bought that this would have come up before- I have a property under contract that is a short sale. The property is in pretty bad shape, broken windows, doors, stolen AC, c...
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Can a Property be Deeded without Consent,Permission?
We had a discussion about a tenant in common property with a loan on it. One of the members deeded over the property without signature (acknowledgement) of the second party and now the lender thinks that the second pa...
Brandon Campbell
City of Code Code Violations
I'm under contract to buy some distressed properties on the south side of chicago. Every property has a city of chicago municipal lien on them from violations from up to a year ago to many years ago. Our goal is once ...
James Feeney
ethics in wholesaling
Just got a call from some guy in California looking for people to work with him. I'm not sure what he was selling because the called ended abruptly. His topic of conversation was about how wholesalers lose out on deal...
Quiana Berry
NACA loan pros and cons- Worth it for aspiring investors?
Hello,Im debating whether to use NACA or not because I don't want to be stuck for 5 years on a deal without being able to refi. The policy is to stay in the property for 5 years or you pay $25k lien they place on your...
El Madera
Another "does it seem like good deal"
110 spot on 15 acres 25 minutes from large city in Texas. 100 units owned by individuals. 10 units and office would be mine. 100% occupied. City services. It is a little run down i.e. Roads need repaved, trees trimm...