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I live in Texas and am working on using the equity in my home to get a loan and construct a garage apartment to rent out and try my hand at land-lording. I understand that most banks like to use this formula: (Value ...
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As the title and description suggest, I feel like I have found myself in the perfect storm of circumstances that have made it impossible to find a lending solution for a single family rental property I am interested i...
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We're working with a title co. we've used for years on a deal we have that's in foreclosure. We always do our own unofficial 'title searches' before submitting an offer and/or putting a property under contract.
So I ...
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Hi, I'm trying to start investing in non-performing mortgage notes in hopes of finding notes where I can evict homeowners and flip the house. What's the best way to do research on what other loans have the property a...
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Hi Y'all:I'm exploring the possibility of getting into Transactional Funding and would love to hear your experiences from both the lender and borrower perspective. I've done some preliminary due diligence (as the lend...
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Hi all, I'm new here and I see the phrase "driving for $$" often. What do you do when doing that and what does it involve?
Thanx for your info in advance
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If I own 2 LLC in Texas and one in Oklahoma would it be best to open one umbrella LLC at a bank and list these 3 LLC's under it? I'm looking for protection and to pay less taxes.
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Lets say you wanted to flip a property and required a 25k profit for it to be worth the effort. Would you be willing to reduce that minimum 25k profit if you could flip 3 identical properties that are all side by side...
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In reviewing how to wholesale a Lease Option, how do you get the Seller to not require an option fee from you?
You are asking the Buyer to provide you with at least a 3% Consideration Fee that you keep, yet you don...