Account Closed
whats with rude real estate agents
Ok everyone, please answer this for me. Im in the process of purchasing a property and getting the purchase and sale agreement done. I did this with my first deal and had the same problem. My partner and I use our own...
Sai Santosh
Converting attached garage into a studio unit
Seeking advice from those experienced in property conversion! I have a 4-bed, 2-bath Single Family Home with an attached garage in a class A neighborhood. My plan is to convert the garage into a separate studio unit (...
Kim Hopkins
Need Help! Extended vs Standard Title Commitment
Hello! we're in contract to purchase a property in Sedona arizona. If you don't know it, it's a super small tourist town about 9,000 people, huge tourist destination with beautiful red rocks.we have a great off market...
Nathan H.
I'm a full time RE Investor wanting to buy a new primary - Colorado
Any MLOs out there that would be interested in working with me in Colorado? My income is difficult for an underwriter to understand. It's inconsistent and consists of various types of income (ie. LTCG, STCG, rent inco...
Anthony Del Russo
First property agreement of sale issue. Help!
Hello BP!I have been analyzing properties for a SFH house hack locally for some time now.I found a new construction condominium that I fell in love with. More importantly, it works financially and would reduce my mont...
Lena Sieu
Land Trusts
How do I create a Land Trust in the state of California. I believe there is no registration for it and I will need to assign a Trustee and place my SCorp as the beneficiary? Is there a standard document for this? Or c...
Zehua Zhou
Does standard non-recourse Freddie Mac Commercial loan work for IRA accounts?
I understand that IRA loans need to be non-recourse. I talked to a commerical RE lender who does the Freddie Mac Commercial loans and his sample loan doc has the following language:Non-recourse to Borrower and Guarant...
Jack B.
Mortgage delinquency rate highest it's been in 21 years....
https://www.yahoo.com/money/earlystage-mortgage-delinquencies-hit-21-year-high-170612193.htmlI wonder if this crash could be bigger than 2008. Foreclosures drove that due to predatory lending. But now more so than bac...
Jerry Poon
Closing on houses Monday, but losing one to past judgement/liens
I am closing on a package of SF homes on 8/24. The title company calls me today and says that one of the properties is not able to be sold to me because the seller acquired the property through a quitclaim deed, which...
Pinaki M.
Not using a realtor to buy REO -- good idea?
Hello, I have never bought any REO property before, so I was wondering if it makes sense to use a realtor to do it? What I mean is, I have found a REO property myself (without realtor involved yet) and talked to the b...