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Hi BP, a friend of mine is in need of an expert witness to testify in an upcoming fraud case involving flipping houses (it will be a few months from now). He was defrauded out of $500k+ by a flipper that he was invest...
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I have 3 good friends who are not involved in real estate, but have money and are trying to purchase a part of my LLC. At first I was against it, but I'm starting to warm up to the idea since I could use their cash as...
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We are coming up on completing our first syndication with 102 storage unitsWith this being our first "syndication" deal in terms of managing "a fund" , we aren't sure of what's to come with reaching out to the SEC to...
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My tenants want to buy my house at the end of the lease. They are going through the steps of getting financing I was wondering how to go about selling without getting my relator involved?
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Hi All,I was under contract for buying the house there were few contingency in the contract like inspection, appraisal and mortgage approval.my loan got declined and bank officer sent a letter to escrow and sellers a...
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Looking for some input here. This is my 3rd REO purchase in 7 years. The two prior were my personal residence fixed up, leveraged, rented out got bigger and better.Each time I would buy one the lawyers would look at...
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Hi folks,
We had a tenant who was back on his rent during the 2009-2011 economic downturn. We had them evicted, with a payment plan for rent owed. To cut a long story short, our attorney (to our surprise) pe...
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I have my first meeting next week with a real estate attorney to discuss venturing into wholesaling. Naturally I will be asking lots of questions, but want input from you guys in case I am missing something. What do I...
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Question about a land trust trustee: what are your thoughts about using a title and trust company as the land trust trustee for anonymity purposes? What are the pros and cons of using this setup, especially when it co...
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What is the difference between seller financed mortgage and real estate contract?This is a question I got from my realtor here in Santa Fe, New Mexico who is preparing a purchase agreement in order to submit an offer ...