Anyone ever heard of Realtors loaning the commission @ 2.25% interest rate as a Cash Out 2nd mortgage above 97% CLTV post closing? Example: 500,000 purchase x 3% $15,000 commission- 5,000 for tax realtor has t...
I've found a few deals but the properties are inhabited by tenants who are either in the process of being evicted or they need to be evicted for being behind on rent. Should this stop me from buying the properties? Wi...
I have a turn-key rental with Mack Companies in suburban Chicago that has been vacant for FOUR MONTHS!A small sample of my issues with the management:Finding out a tenant has moved out weeks after the fact. When the m...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
I’ve been looking into RETA deals (Real Estate Trend Alert) from International Living. The lead guy, Ronan McMahon, presents some compelling deals. I am curious though, if these deals are as sweet as they sound...I’m ...
A SFH in North Vegas, listed for $159,900, with long term tenant occupied for $1000 rent.
G'Day everyone,
The team (@Dominique Osborn, @Sean Mahoney) and myself have an opportunity to on-board 189 units.
This would be a very nice "chunk" of new business but to be honest, I'm inclined to pass.
I have alw...
Hello all! My wife and I are new to the Real Estate Investing world, and are excited about what could be! End goal for us is to be able to retire and drink mai tai's on the beach without a care in the world. Between n...
So, i am wanting to do some real estate investing- but currently I have been renting my own residence for the last 5 years. I am paying way more in rent than it would cost me to make payments on a similar home. In f...