I've looked at a variety of REI strategies to supplement my standard Down Payment/Finance/Buy & Hold approach -- from mobile homes to foreclosures to wholesaling -- and I'm now considering Subject To.
It's clear,...
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This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end. Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...
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I was wondering if someone knew of a good spot to review sample legal language for some sample release clauses for blanket loans. We're about to contract with a seller who will finance a small development project for...
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I'm getting to the point where i should start to look into what an LLC can do for me. My wife really wants to set one up but I can't think of a scenario where i'd be sued for more than I'm already covered. I honestl...
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Hello all,I recently find out that I'll be PCSing to Korea in a few months. Super excited!! Just wanted to reach out to you guys who have been overseas in Korea or Japan and get some thoughts. Curious, is there any wa...
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Hey BP! not having much luck getting responses in the forums, but I'll keep trying. I have been thinking about the worse case or "nightmare" tenant situation. This of course involving extensive amounts of purposeful d...
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Hi Everyone,Does anyone have a portfolio of strictly turnkey properties? I'm talking about 5-10 (or more) properties that were bought "turnkey", with property management and tenants already in place. No fixes and fli...
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Dear BPers,Our third project has been on the market for 70+ days and hasn't sold. DC is a pretty hot market so this is a bad sign. (...Don't want to get into a discussion of that deal on this post though.)As a result,...
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Hey guys,I was just wondering if has gone through the process of a bank calling a loan due on a subject to closing? I would be really interested to hear how it went, how much time you had to correct or what actions th...
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A friend of mine had a disgruntled tenant who they were about to evict. The tenant poured a bag of quick cement in the toilet and has destroyed the system. Is there any kind of insurance that could have been purchased...