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I've been reading about taking title 'subject to' and wrap loans. It is an intriguing strategy but one aspect seems to give me pause. The worst case scenario: The Acceleration / Due on Sale Clause.
For the ...
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Hello Everyone,I am currently a 20 year old junior pre-med student in college. I've always considered this as a "backup" in case I couldn't get a business set up by the time I graduate. Well, I'm beginning to realize ...
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As I recall WA does not allow fractionalized deed of trusts for real estate, but a friend of mine actually participated in one as a lender on a 4-plex investment in Seattle. The borrowers stopped paying him so he want...
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After finding the right home to buy,finding out how much to offer for that home is the next challengethat a home buyer needs to undertake. Buyers have two things to worryabout: offering too little or offering too much...
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Hello!I am a real estate agent in the Northern New Jersey area in a seller's market (like most of the country at this time). I am looking for investment properties for myself as well as my clients, and there is little...
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So I'm looking into buying this rental property that just came on the market by a University. It is a 3 BR 3 BATH apartment Unit and the market is hot for these here and they sell quickly so I did my analysis, include...
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Hello all!
I just got back from a home buyers seminar at BMO|Harris Bank. No one showed up so it ended up being me with an agent, lender, and insurance agent. It was really informative meeting for me because ...
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Hello all! Newbie here still studying and hoping to get started in REI when I move to SoCal in Jan 2018. I'm mainly looking into house hacking when I get there to get some cashflow before I start getting into rentals...
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Hi, I'm from Portland, OR. I have a few questions about a duplex that's supposed to close on Friday. I want to live in one side and rent the other. In my offer, I requested that the seller serve one of the tenants a 6...
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Hello BP!I realize that this may be a question that has already been asked: Is it recommedned that a newbie go at it alone on a short sale? What are the top 3 most important things I should know before going after one...