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What does the following mean? This is in a property I would like to bid on Auction.com. Does this mean that I have the option to buy title insurance, before I close? What are the steps in getting title insurance? ...
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Can somebody fill me in on the key things to keep in mind when looking for a potential section 8 rental in the Cleveland area? I want to go multi family, and I want to know what sort of requirements need to be filled ...
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Hello BP,I have somewhat of a naiive question. So I really am starting to dig into MHPs. I look on all the websites to find deals, however I don't really have capital to act on them. I don't want to cold call and crea...
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Suppose I had to use a hard money lender for the rehab portion of the house I am looking at (I have the money for the purchase - depending on the price they accept). Do I need to form an LLC to receive a hard money lo...
Hi All,I purchased a buy and hold property and effective June 1 have a tenant in place. I also enlisted the services of a PM. Monthly, statements are due no later than the 15th as advised in the agreement. Friday the ...
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Hi there,I'm interested in either getting a great deal on land to build my home, or equally as great, getting land listings. So, shortly after property taxes were due, I sent the flyers below, to both in-state and out...
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Anyone would elaborate about owner financing?1) Does the title get transfer to buyer while servicing the owner loan?2) Does the buyer or seller agent would be drafting the contract for the financing?3) What are the ty...
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I have a seller of a 50 unit apt complex offering seller financing with a down payment large enough to pay-off his existing note. The downpayment would equate to about 12.5% of the purchase price.
My question: Is th...
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Hi folks,We have done direct marketing in the past to absentee owners. We got a 6% response rate.We are looking to market more and would like to know your thoughts and experiences.1. Letter or post card, which one do ...
Most general partners say that the losses you can show after a cost seg study with multifamily will write all all of your income that you received via preferred returns while that property is being held and paying the...