I am under contract to purchase a property that is a bit unique and has apparently become a nightmare to insure. The property is a single family home with a garage apartment that has 3 separate units in it. Essentiall...
Is the ultimate goal of seller financing to refinance out? I’m assuming a seller won’t want to hold a 30 year mortgage and also the interest rate on a seller financed loan will be particularly high, correct?
I've been interested in real estate investing for years but haven't taken the leap. My family and I are looking to buy a single family as a primary residence. I came across a foreclosure that I believe would allow us...
Keep running into houses with foundation issues. Who should I have to come look at them during inspection time? Structural engineer? Foundation repair company?This particular house is 600 sq ft with a full basement an...
almost in escrow on a house in Florida that had a fire many years ago. come to find out there is some minor charring in the attic but structurally its fine apparently. Any foreseeable problems? I.E. when we need a new...
Hi All,I'm a newbie in North Carolina. My husband inherited an older home built in 1920's. We plan to start flipping with this as our first project. We will strip it down to the studs to update the electrical and p...
I am ready to put a house under contract the asking price iS 240k, I was able to negotiate the price down to 196k. Comps in the area are 240k, I have a person that would like to purchase the house from me to lIve in. ...
I am looking to purchase a house from someone who has owned the property for 20+ years. Their cost basis is ~$250K and the home is now worth ~$2.5MM. This is their primary residence so they qualify for the $250K Secti...
Dear Sir/Madam,I am interested in investing in rental properties in California but am concerned about earthquakes that were said to happen here soon. What do you do to prevent an earthquake from causing major financia...
Hello,
I am working on the structure for a one deal team for a single family property flip in Texas.
There are three members of the deal:
1) Brains: The guy putting the together
2) Brawn: the general contractor ...