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I want to buy a 3-family in an LLC but can only get mortgage on personal loan.
I am getting conflicting advice from RE Lawyer and accountants.
ANy advice would help, esp. if you did this in New Jersey
* Can i buy in ...
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Hi bigger pocket,Hope someone can help with insights on the situation. I sold my precious business for 1.5M seller carry. Buyer made the down payment and is keep making monthly payment. Remaining balance is 1.2M payab...
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Good day everyone, I hope you had a wonderful weekend.A thought has been running through my mind lately as I have been trying to digest as much information as I can find regarding the due diligence process for commerc...
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Hey Everyone,About to originate a new loan for one of my borrowers. I've never used a deed-in-lieu of foreclosure before, but a few friends have told me to include it in my packet. Question: If I have the borrower's s...
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HelloI found a homeowner who bought a 2 family back in 2003 for 225,000. Due to poor management on their end they have defaulted on two mortgages.I believe both of the mortgage debts combined equal roughly 215,000. AR...
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So through mailing to absentee owners I've come across a decent property that has a renter in it. I told the seller that I would be looking to buy and rehab. I have not seen the inside of the home yet but ARV of this ...
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I've been reading the basics of note investing, and keep coming across people recommending buying notes that have a lot of equity. I don't quite understand it and was hoping you guys could explain it to me (I'm sure i...
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Well I walked out of the title company today with my first check wholesaling. Here is the deal and I must say it was a learning experience from start to finish.
I was marketing to people who had not paid taxes and ha...
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Hi all - I’m in the midst of my first deal and have hit a snag. I have an accepted offer on a distressed single family home in East Texas. My realtor had learned from the listing agent that the owner of the home had p...
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I went to my first ever tax lien auction on May 20, in Franklin County, Tennessee (my home county). TN is a "hybrid" state -- if you win the auction, you get a first lien on the property, and if it's not redeemed wit...