James Thomas
HOA Board terms
I live in California. My HOA bylaws give the procedure for establishing the terms of office for directors. The first election calls for the drawing of lots to assign terms (two two-year terms, three one year terms)...
Rick Lucias
making offers on REO's Fast way?
Hey guys, just wondering on how to make offers on REO's a fast way? Do you use any type of system which you put in the offer and it draws up a contract for you and add's your signature to it?? Trying to figure out ...
Denny Pugh
Sink Hole Issue
Looking at a house near Ocala Florida being at auction with tenant in place and I cannot preview so its a wild card. Have seen pictures, they look normal. Not really a sinkhole where the ground collapsed but did have ...
James Masotti
Hard Money Loan - Surplus rehab funds question
I have been looking around for the answer to this and so far I haven't found anything that answers it directly.I'm getting ready to put an offer in on a buy and hold duplex and plan to use a HML to acquire and then re...
Ammon Orgill
Split one lot into two lots
Hi all,Does anyone have experience working with Salt Lake City to split one lot into two lots? My specific situation is that I am looking to purchase two lots with the intention of combining the two lots and subsequen...
Mike Miller
1031 when the selling exchanger builds to suit
I own a lot currently worth about $850,000. I want to sell it for $1,75 mil with a contingency that I would design and build a house on the property to suit the purchaser. I would ask a down payment of $300,000 follow...
Michael Gayer Jr
In Hawaii, how do you set up a Lease Option (or Purchase)?
Aloha Investors of Hawaii Properties,When setting up a Lease Option (or Purchase), is it correct to say that I am setting up a Seller Financing deal? Also, when creating the paperwork for this Term deal, do you go th...
Dave Blackman
Collateral File - What should be included
Quick question: lawyer reviewing NPN purchase requested "collateral file" -- note has been reassigned several times since original origination (is that a term?) -- would I include the original note and each subsequent...
Mark Walker
Help with Acquisition Value for MHP
Looking at a MHP/SS property. I'm familiar with how to value the SS. Could someone suggest a value for the MMHP? I've searched forums and can't find good answer.
32 Units 18 POH ave rent $950 14 lots rented at $45...
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Can you tell me what you think of this Loan
Someone emailed me these terms for a loan. Can you tell me if this is a god deal?
Property Type: Residential and Commercial, investor properties only
Lien Position: First Mortgage only
Loan Amount: $25,000 Minimu...