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Results (872)
Danny Webber Best thing to do right now to prepare for the new REI Market?
18 April 2020 | 2 replies

My #1 suggestion is to "GET LIQUID/STACK CASH" and be ready to make offers
#2 Get intimately familiar with Loan Assumptions/Mortgage Wraps

Michael Mastantuono taxes due to selling a house you flip
12 September 2022 | 25 replies

I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...

Stephen Homes Tenant candidate with eviction record wants to pay 1 year rent
16 March 2021 | 37 replies

I have a tenant candidate who has evictionS on his record. Currently he doesn't work and gets unemployment, is a student and his fiance who is the only one working. Two kids. He showed proof that he can pay 1 year.Wha...

Barbara Hutsell investment property (ours) foreclosure
7 December 2012 | 14 replies

I'm new so maybe you just need to point me somewhere, but here's my question: How do you get the Lender to take the Property!! It's been 20 months since our previous renters left it needing extensive cosmetic repair...

Barry Ratliff I have owner finance borrower who's balloon note coming due in Tx
10 February 2016 | 21 replies

I hold the note. Borrower cant refi cause of credit.  What are options to renew, foreclose or deed in lieu of foreclosure, etc?

Ben Visser Seller financing with note holder or wholesale?
29 March 2016 | 8 replies

I posted a few weeks ago about doing a Sub2 offer on a duplex in trouble.Rather than throwing offers back and forth and guessing who were the real decision makers, I asked to sit face-to-face with the listing agent. H...

Kusum Chanrai $3,500 for a flat fee attorney for a multi-family deal: Fair?
18 October 2017 | 21 replies

Hello! I'm in the process of signing a contract for a multi-family in Houston. The property has 24 unit. I've been given 2 quotes from solid lawyers. 1) $3,500 flat-fee: Includes review of PSA, title and survey work, ...

Curtis Robbins Rental Fire - Whats the smart move?
22 March 2018 | 4 replies

Long time lurker, first time poster. Struggled with what part of the forum to place this in, please feel free to relocate.I've had a rental for a number of years, bought it in 09' as a primary residence and converted ...

Louis A. Advice Needed: Rental Applicant with Credit Issues
10 May 2015 | 15 replies

Ok, so I've been debating this all day and I need some help from the community.I have a married couple who want to rent one of my units and they seem very nice, but they have a checkered past with Credit.Here is the s...

Charles Constant Seller Won't Vacate After Sale
15 October 2022 | 41 replies

We bought a home in Pasadena from a wholesaler with the intention of doing a fix and flip. They had a contract with the 83 year-old seller saying she could stay in the property for 15 days after COE, to which we also ...