Current scenario: One of my family members has a health issue and we would like to purchase a residence closer to the rest of us. That family member currently owns a home with a market value of ~$400k that is full p...
Hello, I am purchasing my first creative deal and we have negotiated terms for the seller to carry financing on a short term balloon structure to give us enough time to either flip the property or refi. The seller ha...
In negotiations to buy a really ugly and really cheap house. It honestly looks like it should be demolished. Foundation shifting, roof repairs needed, walls and floors have big holes. I’ve heard that demolishing a hom...
What are the pro's and con's of buying the membership interests of an llc that owns multifamily real estate as opposed to buying just the assets?
Without giving too much away until the deal closes - my wife and I hopefully will be the new owners of a business in a month to month and a half once we get to closing. A lot to do between now and then.Existing owner...
In North Carolina, landlords are required by law to find a new tenant if an existing tenant decides they wish to break the lease for any reason. The existing tenant is only required to pay rent for the time before a n...
Hello,I purchased a STR that was built in 1966 and has cast iron pipes on a crawl space. The tenant moved in and said the water was backing up. I had the line checked / hydro jetted and inside the crawl the pipes look...
I am looking to purchase an investment property through the public auction process here in Louisville, KY. The property I'll be targeting is in an excellent location but I have good reason to believe it will require a...
So i re-read the book "Rich Dad Poor Dad" and re-discovered that a good property manager often hears great deals before a real estate agents. But i don't get it, a property manager is a licensed real estate agent so h...
Hey all,
I recently came across a lender that will do a Blanket Loan under 500k (several properties in one cash-out refinance mortgage) on an existing cash portfolio owned by my Syndicate (LLC). Does anyone have an...