I am wanting to purchase properties to flip at foreclosure auctions in my area. I have spoken to PML that fund flips and they aren’t sure how to lend for auctions. The issue is funds are due immediately after winning ...
Our CA company routinely offers property for sale on the MLS. The way it normally works is;
We sign a Purchase agreement with a seller. Change the "Active" status to "Active under contractWait for the Buyer to sub...
I'm considering making an offer on a REO that was originally listed as a short sale 18 months ago for $260K. It's now at $185K. It would be a rental property, and given the formula for rentals and the repairs required...
Hi everyone. I just closed on a 23 unit mobile home park, almost all lot rentals. The previous owner did not require deposits. I'm trying to decide if I should require all tenants to provide a deposit equal to one mon...
Hello everyone,
I've got a great opportunity to purchase a rehab house at 50% ARV, and have already been preapproved by a great hard money lender that'll front money for purchase and rehab up to 75% LTV. Everything s...
This single family home is located in Crowley Park subdivision and will make a great rental. Rental comps show an average of $1,000 per month. Home is in good condition and is rent ready. $2,500 non-refundable depo...
So much required for security deposits, it is a bit of headache for something that doesn't generate revenue.Depending on State you might need to deal with:Separate bank accountInterest PayableReturn on timeSend all in...
Can it be done? If so what method would you use without front money? Hard money perhaps? Any ideas? :D
Hello!
I'm very new and starting out but recently came across a property that is moving to auction in 2 weeks. I'm connecting with an attorney on the title search which leads me to my question of doing title searches...
Do any landlords require a deposit when a application is submitted that goes towards firsts month rent to cut out all the BS ($10 or $20) If it rejected they will get there money back. To many times I receive a ap...