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. ...
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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...
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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...
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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...
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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...
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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 ...
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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...
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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...
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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...
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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...