Michelle Kasper
Heads up on wells fargo approvals
I just wanted to give everyone a heads up if you are working with any wells fargo files. Apparently now they are issuing approval letters that Do Not stipulate that you must not resell the property for 30 days but on...
Joseph Firmin
Multifamily Short-term Mezzanine Debt & Bridge Loans - What?
I read this statement in the M&M report for 2019 as I'm doing research to zero in on markets to invest in for multifamily: "Lenders have been reluctant to lend on future revenue growth through value-add efforts, r...
Mike Cumbie
How to negotiate a lower commission from listing agent
When listing a house for sale, most people will ask for a break on the listing side commission. In order to be successful I recommend a couple of tips.1) Make sure house is vacant. If it is vacant it is less work. I d...
Jim Jack
Real estate Attorney /Title company
Simple question will you need a real estate attorney to do an ASSIGNMENT of a lease option , example: you find motivated seller and sign a lease with option to purchase and then find a tenant buyer then simply assign ...
Matt Meyers
Double Closing in Illinois
Are there any title companies in Illinois that are still doing double closings? Specifically on REO's.
Ron Rowe
Thinking of entering a non-exclusive agreement with real estate agent
I met an agent that works with investors from time to time. We discussed her bringing buyers to me for my wholesale deals. She would like to enter into a simple non-exclusive agreement that sets up the terms of this k...
Geoffrey You
Combining 1031 exchange and a section 121 exclusion
Hi all, Hope y'all are doing well in this crazy market! I was hoping y'all can help me answer some questions with my complicated situation. I am currently in the midst of selling three of my rental properties in Green...
Adam Blevins
Working Around the Seasoning Requirement
So, I"m a new investor and I'm trying to wrap my head around the seasoning requirement. Near as I've been able to ascertain, the best bet to work around it is to find a portfolio lender that doesn't have that requirem...
Kevin Fintland
Self Directed IRA Companies - Midland IRA
Hi All!I'm new to Realestate Investing and thinking of opening a Self Directed IRA to Purchase my first set of properties.Has anyone one here worked with Midland IRA (https://www.midlandira.com) and if so what was you...
Michael Baybut
REO Down payment.
Hi,
Reading everything I can on buying a REO. Had some conflicting information.
1) Come in close to or at list price/ Some suggest 3 or 4 counters???
Also, what effect does a larger down payment have with the REO ba...