Mike Flora
Wholesale contract disclosures
I have written a disclosure in my contract that states "if buyer, myself, is unable to fund the loan on or before close of escrow, seller is only entitled to earnest money deposit."
THOUGHTS????
Since I'm looking for ...
Account Closed
Paid HOA dues however....
Hi All,
New member and needing some advice/guidance. I moved in my house in 2019 and I have paid my HOA dues in 2021 and 2022. I received a letter in the mail stating they received my payment for 2022 but I have an o...
Gina Worsham
Condo for Auction
I found a condo in Searcy that appears to be a good deal. I've never bid on a property and am a bit hesitant. I'm in search of a loan for this deal. There is a $5,000 deposit that is refunded if I do not win the b...
Jucando Pereira
New to Real Estate, looking for suggestions and recommendations
I’m completely new in this business of Real Estate and I’m planning to start buying properties to rent and basically with cash payments. I’m not sure is it a good idea to do so but I see no other option like mortgage ...
Benjamin J Paoletti
New Investor - Pay Down Principal OR Save Capital?
Is it better for a new investor to save on monthly payments to build capital OR take advantage of bi-weekly payments and additional principal paydown?
Kory Sheldahl
Stessa - Software for Property Management & Real Estate Investors
Is anyone familiar with this product (Stessa)?I'm a bit of a nerd when it comes to technology and like to try all the new "toys" out when I see them. I'm intrigued by this software, but don't know anyone who has exper...
Taylor Dalton
Apartment Deal Numbers
I have a 10 unit apartment complex that I am looking at and this would be my first time looking at a deal of this size. I have already started talking to the bank for financing and am working on syndicating the down p...
Dan Gandee
What To Have Ready When Selling Rental Property?
One of the biggest problems I see when listing millions of dollars of investment property is that the seller has no proof, track record, cookie crumble trail, or P&L of successful ownership to validate the GRM/CAP...
Bian Dahab
International Tenant Screening - Advice Needed
Hi, We have an Airbnb guest who wants to stay medium-term. The guest has been quiet, polite, and respectful and we are happy to host the guest longer. However, the guest does not have a social security number and is l...
Jeff Anderson
Unusual Owner-occupied scenario
I have a bit of an unusual scenario... My wife and I own our home free and clear with no mortgage (reside in Ohio). We are looking for a loan of $150K to pay off unsecured debt that has fallen into various stages of c...