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Frequently people will post on the forums asking opinions about buying old houses/buildings, what to look out for during inspections and what considerations to make when structuring an offer. This is a short story abo...
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What is a Quit Claim Deed? And how do you do one? And under what circumstances would you advise doing one?
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Thank you to everyone who takes the time to respond to my post, I really appreciate it. I have a tenant who's being consistently late on making their monthly payment each month. It all began back in Aug of 2021, their...
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Hi everyone! I am under contract with a duplex and I’m currently shopping my mortgage options. I have a couple different offers here and wondering if I could get some advice. For context, we are 80k over asking and wo...
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Hello,I closed on a mortgage about 6 months ago. My property was appraised at 700k and my mortgage is for 350k. An opportunity has come up and I need an additional 40k. I have heard it is possible to have the mortg...
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and so our buyers backed out, a 290k house.This is the second time we have been jacked (last time was a different property) and had a sale fall through. How do you guys handle this?
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Hello I've heard that low doc and no doc loans are making a come back. Is anyone using the new version of these type loans? Can anyone recommend a reliable lender that will do these loans at a reasonable interest rate...
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Having a difficult time understanding the in's and out's of SELLING a property to a son/daughter. If I hold a property in an LLC (sole proprietor) can it be sold to an LLC that my son is the sole proprietor of? Fair...
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Greetings All,I have a 4 unit building under contract and have called a dozen or so banks all of which are only offering adjustable rate mortgages. I will not be occupying the property. I was under the impression an...
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Hello everyone, I wasn’t sure which forum topic would be best for this topic, so I picked this general topics forum.
I would like to get your feedback on my plan for freeing up funds to invest in Real Estate....