Darvin Ezell
Deals on abandoned houses?
I am new to real estate wholesaling in the Jacksonville,fl area. I have been driving around trying to find for sale by owner signs and I came across a property that is abandoned. It has a notice up from the mortgage s...
Jay Hinrichs
Portfolio loans and things to be aware of.
@Steve Vaughan Steve i think we have had this conversation before.. One of my Vendors called me asking for some advice.
he had rolled up a bunch of his SFR's to ( for lack of better words) a Corevest type portfolio ...
Amanda Berry
Previous landlord won’t give information
When calling tenant’s current landlord they are refusing to give info because of tenant’s privacy. This is a property managed by a large management company and this is their policy. They’ve said payment history can be...
David Weis
IRS Tax Lien Question
I'm looking at purchasing a property here in Tampa, Florida. The owner has 16 properties. An IRS lien was filed in 2011 for $176K. But it was not attached to any property. It was just a general lien against the owner ...
Danushka Abeyasekera
Contengency period Help!
I have a 5-day inspection contingency period and on the 5th day I messaged by broker saying I need 50k back towards the deal due to excessive repairs. Escrow is asking me to release contingencies on the 6th day, howev...
Misook Foley
Quit claim and mortgage liability.
If a couple divorces and there is real estate with a mortgage involved, what is the best way to divide the asset? If a quitclaim deed is used, can the bank release the loan to the other spouse? I know that a "subject-...
Quiana Berry
NACA loan pros and cons- Worth it for aspiring investors?
Hello,Im debating whether to use NACA or not because I don't want to be stuck for 5 years on a deal without being able to refi. The policy is to stay in the property for 5 years or you pay $25k lien they place on your...
Dale T.
Realtors Pulled another fast one
We did the Short Sale work on a property and recieved an approval letter. Some time after that the Realtor called us and the Homeowner (realtor is her aunt) and said the bank wants to see if it does not sell that they...
Rodney Dawkins
Assignment
We have a deal in place with a residential seller, we also have an end buyer acquiring a conventional mortgage, can we assign the deal to the end buyer and do a simultaneous closing?
Christine Garnier
Broker Not Responding - Birmingham AL
I own a commercial land lot in Birmingham AL and I signed it over to a broker so he can list it and sell it. After signing the contract, the broker ignored all correspondences and a month and a half later, I see that...