Hi there,First time posting!  We're in the process of closing on a house for our employee of many years. We are acting as the bank, setting up an installment note tied to deed, etc.  What is unusual with this one is t...

I always get great advice from this thread and I am hoping you all can help me with this situation. I have a lease renewal coming up and my tenant informed me they have a friend who will be staying with them for about...

I think my 'subject line' explains my question.  If a deal looks good but the GRM is over 90, is that a deal breaker?

When rehabbing a property we occasionally pay using company's check.  In a recent instance we needed some work done and we chose a single entity who can perform this work. He required us to pay some deposit for work c...

I have a deal in which a relative of a friend has a small house in rough shape that they would like to give away. It needs extensive work and they don't have the time or knowledge to deal with it. They are willing to ...

I just started driving for dollars and have found some vacant homes that are owned by absentee land lords. 1. What should I say on the hand writen letter I send them?Note: - I intend to buy with bank financing.- I am ...

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How could I make an offer on short sales or foreclosures without being pre approved by a bank? If used private equity or a HML how would I show financial qualification?

So...there is a property that has been on the market for over a year...it has had several large price reductions.  I'd say it would cash flow pretty well, and should have some built in equity.  I'm thinking it just ha...

There is a listing that my agent just forwarded to me, in it there is a mother in-law suite that was built on the property.  It was built without permits.  The numbers look good, the location is great, and overall it'...