Greg P.
How many rehabs can a contractor typically handle? Cautious
Hello, I'm in the process of buying five rehabs within a month from each other. I'm working with a new contractor who has good reputation on service magic and seems like a very nice guy. He is saying that he is able...
Lester Schmitt
Keep property as duplex or change layout to a three unit?
I purchased a 2 unit building in upstate NY in a small village where the Hospital is the major employer. My target tenants are traveling nurses and doctors who the hospital employs for 3-12 months periods of time. I h...
Paige Roberts
Please help! Evicting tenant with no lease as of June 2018!
I really need some advice here. I have tenants that do not have a current lease. I am trying to sell my property. I had a cash buyer this week. I had signed contact.and everything. Then it all went down the drain...
Jamila Thompson
Civil Engineering B.S. with a Real Estate MBA?
Hello everyone, I am a civil engineering graduate and I am interested in pursuing an MBA in Real Estate. I want to gain more knowledge on real estate investment (I have also been reading books, such as Rich Dad Poor D...
Mark Reit
Avoiding mortgage Fraud
I am in the middle of 2 simultaneous contract, let's call it 1 and 2. 1 was a contracted signed a while ago, but closing has been delayed. We expect to close next week.In between I signed a contract for another proper...
Jon Pate
Is it possible to dissolve an owner financed mortgage
In this scenario, lets assume the mortgagee and mortgagor are both in agreement and would like to terminate the existing mortgage agreement (rather than pursue foreclosure). Is this even a feasible solution? I could n...
Oraude Boston
Quit Claim Deed to be used as Creative Financing.
GA BP:
I Guess this would be some kind of seller financing/creative financing and need solid advice.
So I have a seller who lives out of state in Florida and own a bunch of real estate in New Jersey. I've closed on...
Krystal Baker
How long between tenants with a property manager?
Hello all,I have a property that was vacated on April 22nd. Not trashed, no eviction, the renters simply decided to move to another part of town, and left the property in reasonable condition. The same day they move...
Kristopher Kelly
PCS-ing time frames for purchasing and VA loan question
Hello Mil Fam,I am PCS-ing from Deleware to Florida and was wondering about the process and time frame for purchasing the next property. I have about 7 months until I PCS and was wondering how soon I should be looking...
Fahadbin Alam
Can someone explain the interest rates for hard money?
So when you get a loan from a hard money for let's say 200k with a 12% interest.
1. If I paid it off the next month do I still need to pay that interest?
2. How does interest work like does it go away if I paid for ...