Peter Schiff
Feedback on harsh mortgage terms
I have received a mortgage offer with the wording of covenants and default looking very harsh. Can you share you opinion on what you think about these? --------------
10. Borrower covenants and agrees with Lender tha...
Richard F.
70% ARV Assumption --> Not with Transfer/Recordation Tax (MD)!?
Hello All,My computer processor has been completely exhausted trying to help me determine whether my conclusion is valid in regards to investing in Maryland (Montgomery, Prince George's, Anne Arundel, Baltimore Counti...
Bob Malecki
Subject To question regarding changin insurer
I'm doing my first Subject-To deal and have a signed Purchase & Sale agreement. I'm opening escrow today and will be getting a warranty deed at closing.
On another forum, someone said that the lender on the prim...
Nicholas Lilly
Texas Closing Checklist for Every New Homeowner
Whether you are purchasing your first home or the next real estate deal, closings can be a nerve racking process. There are a lot of factors that come into play in order to successfully close on a property. We have cr...
Kent Renshaw
Besides filing a Memorandum of Agreement, how does a contract buyer protect contract seller from mortgaging the property. And if they do, who is first in line?
Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...
Nancy Allen
Finding & Working with Contractors
I have been reading the posts about working with contractors and would like some additional information on:- What are some key questions to ask a contractor you are considering for your project?- What red flags do you...
David Trinh
Is my property manager cheating me?
Hello , I'm new to the real estate game and would appreciate any help from everyone. I moved to a new house in May and decided to rent my old house. I lived there for 2 years and have no major issues. The house was...
Bella P.
About knowing what you want to learn
Hello,
I am keen on making real estate investing my career. I have dont have much knowledge about real estate. My problem is that I really don't know what should be my niche. Even if I start looking for a mentor I am...
Zach Whitt
Wholesaler said $3k to install HVAC?
Here's the rundown:
1920's home
Dallas, TX
1080 sq ft
Window units
Wholesaler said $3000 has been included in The budget for a total central/heat and air installation. Ductwork, unit, everything.
Am I crazy or does...
Earl G.
Non-Performing Note - VA Loan
I'm a new investor and am working toward my first non-performing note deal, but of course it's not straight forward. The numbers work for me and I'm working through my due diligence, but I won't be speaking with my a...