I live in San Diego, CA and I would like to look into foreclosure investing. I'm looking at one property that has a 1st loan of $500K, and 2nd loan of $100K both from Country Wide. There is a third private party len...
I am forming an LLC with another partner/member to facilitate the purchase of properties via short sales, REOs, and trustee sales. Having one LLC will make it easier to have all income and expenses accounted for under...
Here's an excerpt from a book I'm reading by Dr Peter Linneman explaining the reasons for the subprime meltdown:
As it relates to landlord insurance, I've heard there are policies that can include "rent protection" to cover the property owner. Not only covering the rental income in cases where the dwelling is uninhabitable but ...
I've never sued anybody but my ex property manager was so negligent that I'm seriously considering it.
Can it be done? Any tips on how to do it?
The negligence includes:
improperly screening 2 ten...
Hello All! I'm working with a buddy who buys raw land and builds new construction homes on them. A question popped up today and I wanted to come to you guys about it. I tried looking for a form on BiggerPockets which ...
Hey folks, I'm interested to hear how people prefer to store their cash (i.e.; cash that they need to have very quick access to).As we all know, most methods of keeping cash (e.g.; savings accounts) are getting hit wi...
I am interested in using this strategy, but I'm having trouble finding information relevant to the method I have in mind. I would like to finance the property to the tenant and hold the property until they reach payof...
Good evening all,I am about to list my first property for rent in Temple, TX. It is a single family 3/2 built in 2020 that will be cash flowing roughly $500 a month after all expenses.I would like to invest this money...
With this type of financing, can I refi into long term financing with bank, when it’s time to pay off seller? Or is it treated as purchase (requiring 20% down with bank)? Is deed in my name right out of the gate or is...