William Dorough
Information on Pre-Foreclosure Auctions
Hi all,I was wondering if you guys have any suggested resource to learn about pre-foreclosure auctions.I can find the auction properties, time, and location of the auction, yet I am missing important financial informa...
TJ Dowhan
FHA/ House Hack Refinance
Would appreciate any insight from people who understand or have been in similar situations. I purchased a duplex in the Cleveland, Ohio area almost 1 year ago through an FHA Loan and have been house hacking since. Aft...
Joe Trinsey
Analyzing a HUD Listing
I got a new MLS listing passed on to me by my agent. There's some things I recognize and some things I don't. I thought it might be informative to parse out some listing information. I'd imagine some people might have...
Jay Staudt
Long-time lurker from VA
Hello! My name is Jay and I've been a BP member for close to four years now, but up until recently have been lurking on the forums and reading the blogs and articles to further my knowledge. Just wanted to introduce m...
Don Konipol
Dealmaker in Chief
This should probably be in the category of real estate HISTORY, but since we don’t have that category…..I’m reading a book that has me intrigued, “DealMaker in Chief. The premise of the book is that the first real es...
Stacy Gunn
Series LLC - What are the costs?
We are new investors and asset protection is important to us so we are looking to form LLCs for our rentals. We met with a lawyer recommending a series LLC which sounds great but they had a hefty price tag associated ...
Jordan Decuir
Seller Financing; How Do I set Appraisal Contingency?
I’m looking to submit an offer to purchase an MLS-listed property here in the Houston area using Seller Financing. I plan to obtain a formal appraisal on the property and give myself an “out” if the appraisal comes ba...
Daniel Miller
Assuming a Mortgage...RE Agent says can't be done
I am trying to purchase a fourplex.
My parents (due to my lack of credit history) have stated that they will assume the existing mortgage. I talked this over with my RE Agent and he said banks will probably n...
Marcy Albrecht
Interest rate on private money loan
I am looking to lend some money to a RE friend for one year for her seed money to buy an investment home. I am coming up with two different amounts of interest. Help!
Let's say: $ 10,000 x 12% int x 1 year
When I put...
Joshua Hill
Changing to an LLC
About changing your title to your LLC. I have my mortgage through suntrust. Do I contact the customer service department to obtain this form (guarantee). I need to get my property transfered to an LLC and I am new ...