I acquired a piece of land thru a tax deed in Illinois. There is an abandoned mobile home which sits on the land, it was the same prior owner and lienholder that was extinguished through the tax deed proceeding. Is t...
Hello!We are working with a credit union on a loan for a commercial property acquisition. The loan is full recourse. In the past, we've just listed ourselves as individuals (or maybe our trust, I forget) as the guaran...
Hey Guys,I am in search of a real estate attorney in the Indy area who is well-versed in creative financing paperwork, legalities and process. I am increasingly finding deals in the area that are ripe for creative fin...
I've sent a demand letter on a note in TX and only a portion of the total has been paid. I'm holding the money order as it seems that I have read that a portion cannot be accepted or it interrupts the process. If so...
Hello BP,I am in the process of purchasing a home in Milwaukee. The house use to be a duplex but was converted to a single family home. Does anyone know the process to convert it back to a duplex? I assume I need to a...
Hey Everyone! I was thinking the other day how much I really wish I would have house hacked before my wife and I built our house. Now that our house is complete we don't want to leave it anytime soon... We had one of ...
I’m looking at going into a deal with someone that already owns a piece of property. We are essentially supplying the tenants in exchange for equity in the property as opposed to a percentage of the income. We have a ...
I'm interested in getting feedback on how you would suggest structuring the following BRRRR partnership: Partner A: Brings 50% cash to purchase a deal and is hands-offPartner B: Brings 50% cash, does all the legwork (...
Anybody know what to search for when looking for a template? Lender is individual, not institution and not regularly in the business of lending.
Hello friends,Like I said, I have an opportunity. It could be beneficial or a total nightmare. I made a similar post with great feedback. So great it made me realize I should rethink the entire strategy. I was intro...