I'm looking for some guidance on partnership or JV. I've been communicating a lot with a potential partner, and we're very compatible (dispositionally and in our objectives), and we've built up a good deal of mutual t...
I just purchased a 1st position NPL on a home in Oklahoma and found out from FCI's bankruptcy specialist that the borrower had a Chapter 7 bankruptcy in 2009 which was discharged in 2012 but not yet closed. This was n...
I did a loan assumption that is currently a GIANT pain in the ass. I’m here to share my story for whatever that’s worth.
Over a year ago I did a wrap around mortgage on a place here in Phoenix at 3.5% over 27 years. ...
Hi! Some of you may remember me. I'm getting a divorce and we have a beach house that's $150K underwater. We tried short sales, but that was out. He came up with an idea that we work as partners with an LLC. No! Now ...
I'm analyzing a possible new development deal and when checking with the city, they have provided a checklist of what they need to see in the site plans that get submitted for approval.Complete sets of plans consist o...
I'm in a bit of a unique situation in that I'm a California resident and can only invest in properties all-cash for religious reasons.
I'm not able to use leverage/loans, and I know and accept that investing all cash...
Question: Has anyone else had significant problems with military tenants?
The story: First off, I am as red blooded as one can get, I love my country and my military. I served ten years in the Army, during wh...
I am new to rehabbing and haven't done any yet, but before I do my first single family home I would like to understand licenses and insurance better. Assume I want to rely on the hired help to manage as much of the...
Over the years, beginning 1997, through tax lien foreclosure, I acquired 50 vacant lots in a bankrupt, paper subdivision in Tucson, Arizona known as "New Tucson." I loved the area and knew, eventually someone would bu...