Kyle Mack
Borrowing more than purchase price
Hey guys!
Quick question. If i am going to buy a flip house for 150k and my estimated remodel cost is at 30-35k are there certain types of loans to where i can finance the extra 30-35k on top of the purchase price o...
Dat Tien Vu
Recommended for legal counsel in Minnesota?
Recommendations for legal counsel specialized in RE transactions? Financing fell through due to loss of job mid-transaction. Financing contingency in PA is checked and clearly states EM to be returned to Buyer. EM was...
Devin Dull
Closing a Refi Loan (Weird Situation)
Hello, I had closing set today for my cash-out refinance. The attorney/notary never showed up with closing documents to sign & rocket mortgage had already released the funds to my bank account. Did I just gain fre...
Edna Terry
Buying Subject to with a person who has ta liens
Good day beautiful investors, I have a situation where the owner of a condo has rented to a tenant & the owner moved to FL. Only to find that the IRS came to the house serving a Tax Warrant on the owner. The tot...
Dan Costantino
Hard Money Lending: Is it 'the norm' for 'advances' to be paid AFTER the work is complete?
I got my first Hard Money Loan. Everything is fine, but I was surprised that I won't be 'advanced' any rehab money. They will only reimburse me after work is complete. This is a $50k rehab, so I will need about $15...
El Madera
Another "does it seem like good deal"
110 spot on 15 acres 25 minutes from large city in Texas. 100 units owned by individuals. 10 units and office would be mine. 100% occupied. City services. It is a little run down i.e. Roads need repaved, trees trimm...
Marc M.
Michigan Sheriff's Sale - IRS Liens
Hell BP,Has anyone had any experience purchasing a property on the courthouse steps in Michigan that has an IRS lien on it? I've been reading a lot threads on here that sounds like the IRS lien is wiped 4-months after...
J S.
Refinancing Private Mortgage Procedure
We financed the purchase of a home for our daughter. We are agreeable to refinancing the loan at a lower rate. The original mortgage was secured with a promissory note and a mortgage document filed with county. Can...
Andrew Hofing
Is it illegal to simply assign contract as a non-licensed investor in PA?
A real estate attorney @ one my REI groups talked about the legalities of wholesaling in Pa and he said that negotiating the sale and simply assigning the contract via back to back closing for a fee is acting as a R.E...
Jennifer Goolsby
Removing a tenate on a lease who refuses to leave.
I moved in to an apartment with this girl. She has done nothing but start problems, she has brought drugs into our home, she is disrespectful, has ruined quite a few of my things, has stolen from my guests, and doesn'...