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Results (764)
Kevin Nguyen Bad idea to get into apartment investing with a full-time job?
8 October 2017 | 22 replies

Ultimately I want to invest in apartments one day.  My original plan was like most others: buy a bunch of SFH rentals until I can upgrade to an apartment.  But, then I thought why not go straight into apartment invest...

Sol Silverstein Buyer wants to back out of contract right before closing.
24 January 2023 | 41 replies

Hi everyone. looking for advise, i am in contract to sell a multifamily property in upstate NY (Albany/Troy NY area). the buyer wants to back out right before closing after months of pushing up closing time.... he got...

Will Barnard Senate Bill 94 - California
20 November 2009 | 33 replies

Are any of you short sale investors aware of Senate Bill 94 which was placed into action October 12, 2009? If not, you need to read up on it right now. While it only affect us in CA, other states are soon to follow, a...

Andrew Faulkner Dumb question about buying notes from newbie
23 January 2013 | 36 replies

I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...

Susan Kelley Seller Financing Reneged One Hour Before Closing
3 February 2024 | 18 replies

Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...

David Fritch How ironclad is a letter of intent?
16 April 2017 | 51 replies

There is a mobile home park I've wanted to look into for several months. I stopped by and talked with the owner today. I had done business with her years ago and she is friendly. When I asked, she said that she had si...

Sam Leon If you won't rent to a lawyer, would you rent to a cop?
10 September 2015 | 42 replies

I remember someone mentioned here that they would never rent to a lawyer for a variety of reasons.I tried to search for that thread but no luck.What about a cop, if you are concerned about a lawyer tenant would you ha...

John Underwood New law makes wholesaling illegal is SC
22 July 2024 | 82 replies

The new law the SC Governor just signed makes wholesaling illegal.It has 3 parts.1. It defines wholesaling2. It says you must have a license to wholesale.3. It says a licensed realtor can't wholesale.No attorney is go...

Josh Childers Ohio Wholesale Deal
12 February 2016 | 41 replies

I've recently moved from Texas to Ohio and currently working on the paperwork for my first wholesale deal in Dayton, OH. I'm licensed in the state and know that disclosure is absolutely neccessary. With that being sai...