Jeremy Resmer
Can a small land deal in SC be closed without an attorney?
We use a title company or attorney for our larger land deals. However, SC is an attorney state and we got our first piece of vacant land under contract. After speaking with two attorneys, they strongly recommended I d...
Tarik Tokar
Can a Foreigner legally work on his/her rental property in US?
Hey BP,As a Canadian if I were to buy a property in the USA am I legally allowed to repair/work on it myself?I am looking to:1. Buy distressed property with cash.2. Repair said property doing most of the work myself a...
Johann Jells
Can a landlord bill for $7k in back utilities after 10 years?
This story came up on another site. Lease says tenant pays 1/3 of the utility bill. Landlord maybe bills once but never collects, then 10 years after the lease has gone MtM presents them with a $7000 bill. Sounds to m...
Joshua Hollandsworth
Can a city deny me a permit just because they want to?
I am an investor in Cleveland, OH.
When opening a boarding home, the city requires you to attain a permit.
Now If your home is in the proper district, and everything is up to code, can the city deny me a permit be...
Ricky Pok
Can a Lender receive a finders/referral fee on a wholesale deal?
Hello All,I am a License Loan Originator in Houston, TX and I am coming across situations where I have clients that are distressed sellers. The usual situation that arises are borrowers that have entered into a new co...
Gabriel Galarza
Can a RE Agent list a home if it’s still under contract?
My wife and I were the buyers in this case. We’ve placed a home under contract later to find out that it’s not a good fit for us. We made the decision to not purchase the home during our due diligence period. Our Agen...
Ruby Schwartzberg
Can a New Real Estate Investor Build a Team without a Mentor?
Okay, I'm new to Real Estate Investing; I mean like brand spanking new! I have heard I need a team which makes all the sense in the world: RE Agent, RE attorney, General Contractor, Lender, Mentor- my head is spinning...
Seth Rouch
Can a bank/credit union etc revoke a Heloc if market turns?
Hi all,
I’m curious to know if:
I have a HELOC, for easy numbers let’s say $100k, then the market turns/tanks. That equity is no longer real essentially. Would/coukd the HELOC be “revised” or “revoked” if I’ve not u...
Megan Cauble
Can a mortgaged property by an individual be titled as an LLC?
Is it possible to have the title of an investment property named as an LLC with 3 individuals as members with one of the members the sole mortgagor on the property?
Virginia Perez-Santalla
Can a floating plank floor go over broken ceramic if tile fixed?
I have a very large room where about 8 tiles popped and cracked badly (see below). One floor contractor says he can do a floating vinyl plank floor over it after replacing the broken tiles and leveling the floor. He a...