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OK, Im going to run through a project here in its painful entirety - start to finish. I will figure out if I can post here efficiently so it is easy to follow along, text, images etc. I have all the material on my we...
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I am talking to individuals in my area who are investors and buy properties. I mentioned that I am starting out in the business myself and would need someone to sell contracts to. These individuals said that they woul...
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This might be a novel question, maybe not: I'm looking at a property that should be a 5 unit, but one unit does not currently have a C of O due to the lack of a working bathroom. It has been in this condition for the ...
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I'm planning to go to an auction soon for a Trustee Sale. I'm confused by what I'm bidding on though. The Public Notice says " You will be bidding on a lien, not on the property itself". I've run a title search and...
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I have a friend (and third owner of some of my rentals) who would like me to do a hard money loan to buy an REO for him to rehab and flip. He's looking for 10% interest, six month balloon (interest payable at close o...
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Hello everyone. I was wondering how possible it is for an individual to do a title search on a property as good as a title company can. If not, what specifically allows a title company to have a more in depth search t...
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I'm trying to push this deal through. The potential upside is enormous. The short term is challenging. What are your thoughts?Asking price: $127,000Triplex, fully rented, owner occupiedMain floor (and full basement): ...
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Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
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Hello,Preface: I have no lending experience, looking for recommendations on how to protect myself with a loan for a flipI connected with a guy who seems to be a "straight shooter" with experience doing flips, kids in ...
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Just a quick question do cash buyers mind purchasing a house that is a quick claim deed? I have several but been having a little trouble getting them sold