Maura McGraw
Flood Zone and Flood Insurance in Center Point, AL
Hey Everyone,I was looking at buying two "good" deals in Center Point, AL this week when I noticed that both were in a big flood plane. The addresses are: 701 Sunny Lane Drive NE Center Point, AL 35215720 Earline St...
Jeremy Namen
Confused on Deed of Trust issue
If I executed a Promissory note for $350k and concurrently a Deed of Trust that secures 3 properties up to $350k and if this is the total obligation owed to a lender, can the lender still hold a previously exe...
Kevin B.
Tricks to asses the probability an auction.com property goes
There is a property I am interested in from auction.com in San Diego.I am considering booking a flight since I live out of state and I know auctions are often canceled so I am worried about wasting the effort.On the o...
Saar Amit
Guidance Needed on New Construction of Steelhomes.us Modular Homes in Fort Lauderdale
Hello all,
I'm considering purchasing land in Fort Lauderdale to build two modular homes using Steelhomes.us. But I'm unsure about the potential appraisal values. Will these homes be appraised similarly to traditiona...
Suja N.
Pay for an Environmental Phase 2 or Walk Away?
I am under contract to buy a commercial building and am planning to convert it to a 20 unit apartment complex. The environmental phase 1 analysis came back with a number of issues. The site was once an auto repair s...
Sean Link
Part 2: Closing my first deal. What I would do differently. Appraisal 1
During the appraisal process, the appraiser raised health and safety concerns regarding my property. Notably, they pointed out the lack of an egress window for an above-ground room, which they considered a health and ...
Kerry R.
Wholesaling a Shortsale or Reo by selling your LLC
Hello Everyone,
I have a question about wholesaling short sales and REO's. I started making my offers by forming LLC's with the intention of assigning/selling the LLC to the end buyer seeing that the banks do not all...
Bob Wiedenhoeft
Unique flooding insurance
I have tenants moving into a property (condo) that has recently fell victim to flash flooding. The property's risk to flood is rather unique (and has increased in the last few years), but I want to make sure if there ...
Robert Sarno
Sink hole concerns
We are buy and hold investors on the west coast of Florida (Pasco County). As with many areas in the country there are sink hole problems throughout different areas. Does anyone have advice as to how far away to stay...
Jeff Jackson
Can I legally evict my tenant?
Hello,
I am selling a property that is currently tenant occupied. I am under contract and have an agreement with my tenant to provide cash for keys. I have a signed agreement from the tenant to accept the terms of th...