A home was damaged by a natural disaster. The initial money from the insurance company to fix damages was thought to be insufficient by the homeowner. The owner hired an insurance adjuster to get a larger settlement. ...
Hey everybody,
So this question goes out to all you wholesalers out there! And to all RE pros, ok everybody. I say wholesaler because well I've done pretty much all my homework on that particular strategy. So my ques...
If there’s a better BO forum that might help with the below. Please do not hesitate to let me know. I am trying to request a variance for a property that is not in my name. It’s in my mother’s name; however, she is de...
A local hard money lender with local underwriting can lend up to 75% of the After Repaired Value (ARV). 65% as a primary loan at 11.95% APR and 2.95 points. 10% as a gap loan (if needed) at 19.95% and 4.95 points.
Ex...
I have a possible seller financing deal in Indianapolis that the numbers look great for. Purchase price is in the $40k range and the property is rented for $815/mo. However, the tenants are Section 8. I don't have a p...
So I have my closing this Friday for my first investment property. Was curious as to what I should be expecting, asking etc. etc. I've only been to one closing and that was my own home and that was a big blur because ...
I own a sinkhole SFH in Florida. I bought it as a cash flow property and have been very happy with it as an investor. At this point I would like to sell it, and my realtor is saying that it’s marketable only to inve...
Hi All - If we're filling out a standard purchase and sales agreement for a cash deal, how would we include the paymeant of back taxes on the contract if this is part of the deal. Would that just be factored in to the...
My first offer was just accepted ! I am buying the property "as is" . Would the same standard purchase / sales agreement apply - would there just be a statement in there somewhere that says that the buyer is buying...
Hello all, I just had an interesting thing happen to me and I was wondering if anyone else has had this happen and what they did to handle it.
I received notification from the agent that I'm buying a rental property...