Very newbie question. I have a borrower who is a member of our local REIA, that needs $50,000. I want to make sure I understand the process of being a private lender. I have my lawyer draw up a mortgage and promissory...
Hi! I am new to real estate investing, and have been researching markets in several areas, and am really wanting to get started on MTRs. Just read “30-Day Stay”, excellent book. I’m in the process of narrowing my m...
Hello,I am a new investor, who is just closing on my first home here in Houston. Exit strategy is Buy & Hold. I have estimates from 4 contractors and hope to finalize one soon. What paperwork should I have the con...
I'm trying to get financing lined up before I find a deal. I want to do a seller financed deal that allows me to put less down, but I still have to come out of pocket the rest of the down payment and construction cost...
I now have a solid:
Purchase Agreement
Assignment
and
Sub-Assignment (for other wholesalers who I'll offer $X(ie: $5k) to help me find a buyer)
I've worked hard getting these set up the way I want (to provide safety ...
I bought my first duplex property recently that had an existing tenant who is planning to stay. I'm good with that, but I don't have have any details of the tenants except name yet. Amongst some details that I need, I...
Does anyone have any opinions/experience with rental properties next to and/or near freeways? Should an investor stay away, or pursue if the numbers work? Thanks
Hello,
I’m a full time physician and my employer offers 5000 dependent care contributions that I can do. I end at the 35 percent tax bracket so this is very advantageous.
we have two rental properties but she stay...
Don’t know if it’s just me, but I have call about 7 law offices in the Clearwater/Saint Petersburg area, look for a lawyer to handle the closing on a deal I have on the table. How ever to my surprise most have treated...
Good evening, so happy to be here, and look forward to getting involved in the world of real estate investing. I've been thinking about getting involved for some time now, just can't seam to pull the trigger. I've pur...