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I just moved to the US last year and am a property virgin here.I looked at a foreclosure a couple of months ago and met a realtor there who got me to sign what I know now as an `exclusive buyers contract`, no excuse a...
Assume the usury limit in my state is 10% and that I do not have a license that exempts me from that law. If I loan a rehabber $100k in exchange for a split of the profits when (s)he sells, would a payoff of $120k ($...
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Looking for input from the bigger pockets family. I am closing on a flip next Friday. It 's a wholesale deal/assignment contract. The home has been owned by the same couple for over 25 years. A title policy will cost ...
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I came across a property in Orange County, CA where the owner passed away last year. Property is not under a trust. Neighbor told me he was from Europe with no family here. I did a peoplefinders search and did not fin...
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You guys, I'm about to go crazy. I'm selling a SFH (mobile home) in the Fort Worth, Texas metroplex. We have an agent, got an offer quickly, and everything was going fine until the appraisal time. When the buyer's ...
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I'm hoping someone can help me understand this since I'm just starting out.I found this house on Zillow that was listed for around 250 days. I looked up the address and the property taxes and school taxes are not paid...
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A friend is considering selling a duplex purchased at the bottom of the market. They're not interested in a 1031 Exchange, they want to sell and be done with investment properties.They are not opposed to seller financ...
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I'm looking at buying my first rental and here is the deal I found. It's a two unit duplex that looks to only need cosmetic work for the most part. Only major issue is the electric panel being fuses which I hope to ha...
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Hello community, I was talking to a financial advisor and he brought something interesting to my attention that I wanted to ask you about.
The advisor suggested that for my personal residence I should buy a house ins...
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My business partner and I are putting in an offer on our first property. I will be supplying the capital for down payment for this first property. The preapproval and loan will be in my name. We plan to transition the...