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Hi Experts,I loaned money to a borrower to purchase a property via a private lending mortgage broker. The loan was secured by 2 properties in Chicago.In the closing documents, there's an Escrow Agreement which says th...
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I was wondering if I have to do the repairs if I only want to get the note/deed and sell the note to a cash buyer?
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Does anyone know what documentation I need to have in order to seller finance a house to someone? Is there a standard document or a go to document that people have used? This is for a house in Pa. the buyer will be...
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When you buy a note should the original documents come via regular mail or should it always be via Priority w/signature?
Thanks for responding.
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I am looking to loan some money to an investor to flip a SFH and am looking for some of the details regarding documents required in Illinois. Let me say, i am a seasoned investor with about 20 years investing in SFH ...
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We purchased a recently flipped cottage in June 2017 for the intended use of renting it out as a vacation home as well as personal use. Well, someone whose family owned the cottage during their childhood has made us a...
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Hi Everyone,I always hear about cash transaction, but also hear about investment products associated with them. Can someone explain what the meaning of "cash" means in real estate? This question might sound obvious, b...
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Hello Bigger pockets,
I'm curious if anyone has gone through this situation or if anyone has any advice on how to go through this situation. When purchasing a property with an FHA loan the guidelines are more stricte...
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Good evening, we are trying to purchase (as a first time investor) an attached multi unit property and we have requested a Freedom of Information Act (FIOA) which shows some discrepancies and would like some guidance ...
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I'm considering trying to acquire properties via a cash down payment and seller financing. I understand that the terms will be negotiated individually for every deal, but which side of the transaction does the actual ...