Account Closed
Investor looking to buy in Detroit
Major reason's to invest in Detroit are as follows
1. An entity with ties to Carlos Slim Helú, the Mexican business mogul with a net worth Forbes magazine pegs as $77.1 billion, has purchased a downtown Detroit offic...
Rod Mendoza
Questions on an interesting Seller-financed deal
Hello Real estate champions,
Tomorrow I am meeting with a potential seller on a 2-unit , seller financed propriety and need some advice.
Pros:
Seller is older, tired of dealing with tenants, owns the house outrig...
Carrie A.
Leases.... can they be in layman's language, or legal jargon?
Leases.... do they have to be full of legal jargon, or can they be simple and straight to the point?
Douglass Belt
Is there a big difference moving from SFH to Duplex/Fourplex??
First off, If this question has been asked already, I apologize! I searched far and wide to find a post that matched my question but could not find one that addressed this, so I will throw it out there!
I cur...
Micki M.
Is it ethical (or legal) to suggest a borrower refinance a PN?
I bought a performing note which has been plugging along with prompt payments. However, I could use a chunk of cash more than monthly payments right now. Rather than sell the note, would it be unethical or illegal to...
Stefanie K.
Chicago - Advice for tearing down and developing a lot
I currently own a pre-fire 3 flat (aka VERY OLD, 100+ years) in a very desirable neighborhood of Chicago and when we purchased it, we purchased it for the land value (tear downs all up and down our block). The house i...
Account Closed
These guru's must be stopped. What's going on here?
Hello all,After doing a ton of research, it seems to me that real estate investing gurus and their "subject to" teachings are going to turn good people (ignorant people) into felons. Just because someone is ignorant,...
Morgan Hill
Finally ready to make an offer?
1 rental per kid. That's my goal and i'm behind. I have 50K at my disposal. I live in Nor Cal but California seems utterly hopeless for my price range and cash flow ambitions. Texas or Ohio seem promising. Ideal f...
Yoni R.
Personal Guarantee question
I need to personally guarantee a mortgage for a refi that I am doing on an investment property of mine. The property is under an LLC. I have other properties that are owned with other partners and those are also in LL...
Brant Hampton
Sold a Flip, Now Buyers Lender Wants to See Documentation from me???
So I sold a flip and will be making just under 40k. I am supposed to close in less than 2 weeks and I got a call today that the buyers lender wants to see "documentation" on what was spent on the rehab. The home...