Cheyenne Davis
Buying "Subject to" and Seller Wants a Written Guarantee...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Angelo Webb
Raising Money to lend
Is it legal to raise money then turn around and lend it? For instance If I know a investor who is looking for funds, backed by income producing property. Terms: 15%, 18 months, with balloon payment after 18 months. Co...
Patrick Jacques
Set up S-Corp... company name ?
Last night I set up an S-Corp and obtained a tax ID, with our goal being primarily flipping and short term investing.
But what about securing a company/business name to use? Was the name I entered in the S-C...
William Graham Bourn
Nightmare Cleveland Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $69,000
Cash invested: $25,000
Sale price: $117,500
THE biggest nightmare of a flip you can ever imagine. From ...
Alex Hileman
DSCR Lenders for Under $100k Purchase
Hey Everyone,As many of you know, Pittsburgh is a unique market with a lot of opportunities in neighborhoods where properties can still be purchased for less than $100K. However, many DSCR lenders have a minimum loan ...
Matt Harris
Settlement charges and repairs
hi Curious how other landlords deal with security deposits and repairs. Example would be say tenant breaks a window in winter that's an emergency repair that can't be waited on til move out where a deduction would be ...
Tameria Dishman
Service dogs in AZ and other questions reference deposit $ return
Help. We own a condo in Scottsdale. We inherited a tenant when we bought the property 4 years ago. Its been a rough go, and I finally stepped and said we were not going to renew the lease. The tenant was not happy.
T...
Mark Hughes
Is it worth it to try to collect?
A renter recently just up and disappeared on 3/1 without paying rent. Lease still had 3 months left @ $500/mo, and there was $3k worth of damages (broken window, 2 damaged doors, holes in walls, broken cabinet doors, ...
Account Closed
Can a person purchase a home with a Hard Money loan and live in the home?
Might be a silly question but I am new to this whole thing and need some advice. What is a hard money loan exactly and can one use it to purchase a home that they will be living in for good?
Brett Lee
ADT Security System question
I am buying a house for our family. The owner has an ADT security system in the house. He explained that the reason because of his drug addict son. Based on that we are definitely wanting to have some level of securit...