First of all thank you in advance for reading my thread. I'm at a cross road. Many books/podcasts/investors recommends buying properties in my farm area when starting out. They assure that I can make money in real est...
I am working on my 1st deal. I soon going to shop for Hard money. The Purchase is going to be 260k and the rehab shouldn't exceed 40k. Before I get to the Hard money I want to be able to show that I have the 20%-30% t...
I'm curious if anyone here has set up their own trusts (living trusts) without the help of attorneys. There's so much information out there and some sites claim you can do it yourself. There's youtube videos on how to...
Hey guys,I found a great property in a great location that I've decided to pursue buying. The auction is this Sunday, August 16. The auction requires a 10% deposit required on the day of the auction. I have financing ...
I have interested applicants looking to rent my place together. They are co-workers and assured me that they get along and will not have any troubles living together. What is the best way to draft the rental agreemen...
Hello!
I’m new to real estate, but so excited to start my real estate investing experience! I am from a suburb of Detroit, Dearborn Height, MI. I’m looking to invest in my first rental property in the Metro Detroit ...
Hello,I have the opportunity to purchase a unique property, it has a single family house 2/1 to the front of the lot and a separate duplex (1/1 each) to the rear of the lot.Initially I was beaten out of the deal but t...
Hey BP,
I am currently active duty Navy as an Electrician's Mate and have less than 6 months before getting out. There is a program called Skillbridge that allows transitioning service members the opportunity to inte...
Is there any "generally acceptable" way to structure a HMLoan to avoid time costly foreclosures to the HML? Deed in trust, (Lender is trustee)? Deed for contract? I realize there are very few borrowers who would part ...
I've been working with a seller who wants out of their property. They would like to do a subject to, and have a mortgage with USAA. We are wondering if anyone has experience with doing a 'Subject To' deal where the se...