I created a 2 page PSA to be used when wholesaling deals, but my attorney was concerned there was so much missing from it that's in the standard form. But really, does it even matter if a lot of the specifics are miss...
I'll start from the beginning, because there are lots of little details I need to explain in order for you guys to fully understand the situation. (All names are substituted by fake ones for privacy reasons.)In April ...
I am surprised no one else posted on this today! This is some scary stuff.
It seems that non-disclosure to the respective lenders in short sales flips has already gotten the feds involved - and some investors will be...
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...
Hello. I have been lookin into pulling the trigger on deals in Detroit that are already occupied. Seems like automatic cash flow. But seems too good to be true. And super risky. Anyone in Detroit with any info?
On numerous occasions, clueless real estate agents want to put me on automation where they send me searches from the MLS. They seem to be focused on morphing this into a buyer/broker arrangement.I continue to scratch ...
I have a question for investors who are experienced in both "Subject To" and "Wraparound Mortgage" deals.
I have a guy who wants to mentor me in the following investing strategy:
- Put a house under contract for a ...
Hi BP community! Has anyone done recent business (2020 or 2021) with Morris Invest or SDIRA Wealth? When I asked them about the fraud/lawsuits they said that was Clayton Morris' old partnership with a different compan...
So I live in the SF East Bay and have been looking to invest in a rental. I am too afraid to do out of state rentals. I have been looking at some homes for investment and it's expensive here.
I have been looking at...
I mailed 500 yellow letters to out of state property owners. The mailer should have arrived in mailboxes around 3-4 days ago. So far I have received 2 call from the mailer. I used a standard yellow letter. No modi...