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In reading my 1993 fixed/adjustable mortgage note (5/1) I have the standard paragraph 11 "Uniform Secured Note" statement that can trigger a "due on sale" clause. It reads "If all or any part of the property or any in...
Hello,
Has anyone been involved with Peter Harris' mentorship program? Or known someone who has? He is an author and has a multifamily consultancy (mentorship or advisoing program). If so, please share your...
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Hi All, i'm a new investor who's been stuck in the analysis paralysis stage. I'm ready to pull the trigger and would like to focus on REO properties. Other than the sites that require a subscription does anyone have s...
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Im curious I wanna know what can I do to profit on the rumors i been hearing of another economic crash.
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Good morning BP. I've been considering using a Thrift Savings Plan (TSP) loan to help finance my next investment. As I've looked into it with some caution (after all, EVERYBODY* says "Max out TSP! Don't touch it!"), t...
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Mostly going to get a feel for how it goes. No plans of bidding tonight. I just want to see how stiff the competition is and how low the winning bids are. I've read here that if the bids are not high enough, they t...
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How is a commercial loan to an LLC (s-corp) with a personal guarantee considered in a primary residence mortgage application?I currently have four rentals and a primary. My DTI is around 60%. I'd like to build in a fe...
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I am closing on a property in Austin. This property is being acquired for ~$200K and will require either $25K or $50K work (depending on which path I go down). $30K is new painting, flooring, landscaping, kitchen, b...
Hello all!After marketing for sellers I have quite a few highly motivated sellers lined up in the Volusia and Orange county part of Central Florida. After speaking with my Attorney I am saddened by what she told me a...
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Got 3k saved up looking to dump it into real estate. Been studying the basics and i decided to pull the trigger after all.Any investors making profit with lease option in QC/ON area? What contracts do you use? What te...