This is going to be a super simple lesson and you might say "duh" and, if you do, then I don't blame you. BUT, it's something I didn't do on my first two multifamily syndications (168 unit and a 250 unit) and I figure...
Does anyone have any advise on purchasing 5 unit rental via purchasing existing LLC and subject to existing loan (obviously the lender could call the loan if discovered) - saves transfer/recording fees for seller/buye...
How do i find out if there are any liens on a property before i go to the auction, without having to pay a title company ?
Showing this property to one of my client tomorrow. MLS shows 4 plex but tax roll shows 5 units, seems like 5th unit is burnt. Will it be considered commercial property then as these are 5 units not 4? MLS states 4-un...
I have a question for seasoned title/escrow company reps or investors, who execute transactions using private financing. I am trying to modify an existing Note and Deed from the originating private lender. Originally,...
Just looking for opinions here. I am looking at buying a foreclosure on a second lien. I am wondering how much of the risk is in the unknown in the first. The first had NOS sale out three years ago and a week later...
Scenario 1) Buy a 65k house with 10k down, 7k to HML fees and closing costs. All in cost 75k. Resell for 100k on owner finance terms. PML refinances me out for 75k.Scenario 2) Buy the same house with private money fro...
I'm about to buy a duplex off the MLS, and the owner has forwarded me the survey from when he bought it. Do I really need to get the property re-surveyed? Why? There are no buildings close to boundaries, nothing has b...
Somewhat unusual situation: we are in escrow on a property, and the current lender was going to underwrite the new loan. Due to complications in due diligence (seller financials), the only way that it makes sense for ...
In FL. What's the procedure for me to update the records?
Also, when asking for an appraisal, will it get appraised based on public records or by the actual number of bedrooms even though one is without a permit?