Neil Goradia
Attractive ROI for private lender on neighborhood development?
Hi all - we are currently submitting plans to the city to start our 2nd neighborhood development. Our first one was in 2015 and is now complete, showing investors a track record of success. At the time, we had no trac...
Therese V.
Can tenants move extra people in after lease?
If you rent to someone and then after the lease is signed someone else moves into the property can you tell them that person can't live there? Can you require that person to pass the same requirements you had for the ...
Account Closed
2nd Position Requesting 1st Position Subordination
Hello,I have a flipper business associate that I loan money for rehab projects in Portland Oregon. He uses a business loan to purchase the property (historically 50-60 cents to the dollar for selling price) and I loa...
David Weintraub
Borrowing Through a Land Trust
I have a borrower who asked me if he could "borrow in the name of a 'land trust'..." He briefly explained some of the nuances, and when I asked him why he did this he said, "It protects us a little better than a LLC.....
Account Closed
Are IRS Agents watching you....or your blog?
Recently Jon K. posted on another thread his observation: "I've said this before. An ambitious IRS agent can go find money by reading forums like this one."
For those of you who don't know about or remember the Cha...
Charmaine M.
Lis Pendens Question....
Hi all, So I am looking at this property and the listed price is $155k ...Triplex ( short sale) but I did a check on the property and their is a Lis Pendens on it.My question is, would I be responsible for that amou...
Ryan Kurth
Deal looks good on paper, I want reasons it is not!
Quick summary of the deal, and in order to predispose someone with an opinion, the one thing I find difficult about the deal is the fact that it is a condo in a small (5 unit) building that is not FHA qualified due to...
Johann Jells
Who's the sucker at this table? Story of a troubled contract
Hi all, I think I'm a "novice" level investor, My wife & I own 2 urban rental buildings with a total of 9 units including my own, the older for 14 years. I'm the super & renovator.
Here's my riddle: I made an...
Sam T.
heres my situation, how can i buy a home?
my wife and i are currently renting and paying close to 1,000 per month. our lease will be up at the end of the year. is there a way that we can buy a home creatively? we do not have good credit nor enough for a down ...
Marc M.
No Bids at the Sheriff's Sale....How Do I Buy An REO?
Hello BP,I have been attending the weekly sheriff's sale in Detroit (Wayne County, MI) to learn the ropes and recently saw two properties I was interested in have their deeds called, but there were no investors who wa...