A Realtor family member in Sacramento, CA brought me a property as a private deal to flip. I live out of state and want to wholesale the home. Unfortunately, the Broker will not allow "and/or assigns" on the purchase ...
I'm a real estate broker in the Western Suburbs of Chicago. I have recently encountered investors and am looking for as much information as I can find to be able to educate myself in real estate investing.
I invested full time from 1999-2007, when the bottom fell out of the market. I always used hard money loans, stated income, and all based on the value of the property. I think my mortgage broker pulled my credit onc...
Dear Experts,
Thank you for reading my question. I would like to ask if there are any advantages of using a single member LLC Vs. putting ones personal name in a property. From my reading, the opinion is that you can...
I am ready to purchase a property but how accurate are the mortgage calculators on Zillow or Realtor.com? I am trying to align that with getting my rent numbers right which is also difficult. I will be doing a convent...
I wanted to know if the lender or buyer orders phase I on already built commercial property and can i recently completed phase I be used from a previous escrow?
I'm looking to get started with fix and flips, I'm not 100% on how to estimate what to offer on a foreclosure. Is there a rule that I can use? I've heard about 65% of ARV, is that minus repairs? So if an ARV is $200k ...
We all heard the mantra before.
"Don't invest out of state."
Does this statement apply with NNN properties? My understanding is that these properties are very passive/hands off. Would investing out of state to find...
Hello,
I am working to find my first rental property, and on the surface the deal I'm looking at seems like it has very good long term appreciation potential but I'm not sure how to adjust the current numbers and ma...
My property in Conroe, TX (near the Houston area) has been vacant for over 2 months now. A month ago the property manager lowered the rents from $1525 to $1475 and is now accepting Section 8 tenants. The property is...