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So lets lets I find a motivated seller that accepts an offer at 70% ARV. What would my next step be if I want to use the least amount of my own funds possible. I have located a bank that will do 100% of the appraised...
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Hi everyone! My name is is Kim. I'm 20 years old and so happy I found this website and my passion for real estate. I know that this is what I want to do so I'm taking the steps to get there and looking for feedback an...
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I lent $30,000 from my LLC on a property. I then later lent $15000 in 2nd position from my IRA on the same property. I had to foreclose, and choose to foreclose with the LLC. The 30k plus back payments added up to ...
Seeking advice on tough situation:
I have a rental property in Las Vegas, currently vacated as lease ended. In July 2024, a contractor was draining the pool into kitchen drain, but the drain clogged and flooded kitch...
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I have a question to real estate agents and investors in NJ. As an investor, I try not to bother my agent too much with simple questions, such as "is the listing that I saw from MLS site still active (since many of th...
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Building a rental portfolio sounds easy when listening to a podcast or reading a blog article where the investor has accumulated dozens of units all at 1% rule multiples. But what to do in a market where you want to ...
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I'm new to REI and doing my homework before jumping in. I like the idea of being a real estate agent for the commissions on the transactions.I'm not sure what other states do, but Massachusetts has an agent (salesper...
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Hi all,
I have read most of Jeff Brown's articles on here and on a few other sites. He seems very knowledgeable and purposeful in his strategies.
I was thinking of contacting his investment company to work on a lon...
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If we purchase a property with a a loan on an individual name and then transfer to LLC. How does the transfer work?The doubts we have are1) There is a due on sale clause or something that doesn't allow the loan to be ...
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Before I waste money talking to an attorney just for them to say nothing can be done I thought I'd ask here in case someone has dealt with something similar.
Listing shows "Property can only be conveyed by quitclai...