Hi I am new to commercial Loans, the lender I’m working with doesn’t wanna to put anything in writing. I asked him for a loan disclosure stating the rate, lock in period And other details of the loan. He wants to give...
At what point is it wise to open up an LLC for a real estate business? Curious to know when I should open up my own.
Hi BP,
I've invested into my Brand Name, CRM, Bandit Signs, Post Cards, RVM, Email, VA etc... ) I've only been doing this since July 2023 no deals yet (newbie) I know someone would tell me they could Wholesale with l...
I'm considering borrowing money from my family to use for a portion of my down payment on a rental property. Any advice on how to navigate the conversation and also agreeing on terms?
Bought a 1980 ranch style house with 2 fireplaces side by side one facing the LR and one the kitchen. The wall divides the kitchen/family room from a formal living/dining room.
The more modern look is to be open wit...
Just bought a pre-foreclosure house in the trustee sale. The trustee told me that I do have a temporary deed and the formal deed will be mailed to me within 2 weeks. The house looks like nobody lives there (no furnit...
Looking for feedback on the assumptions I'm using for a buy and hold 4 unit multi-family analysis in the Midwest (Cincinnati). Each of the 4 units rent at $500/mo and are 1BR/1Ba. Separate electrical and heat. Owner w...
Good evening,I purchased a home during a HOA sheriff Foreclosure, after redemption period I was issued a Sheriff Deed. It had liens on it (child support, district court, hoa, which I was able to get them released) and...
This may be silly but I am new to all of this. How do I get the loan payoff information on a home that is scheduled to be foreclosed on?
Do you necessarily need a promissory note if you file a mortgage? Say for example, I lend someone $5,000 on a free & clear house (listed for sale with a Realtor) and file a mortgage for $10,000 once the house sel...