Ben Zaradez
Wholesale Closing in North Carolina
Hello friends I do wholesale real estate currently in Texas where the closing simply goes through our title company of choice, looking to move into NC though i am aware that the closing process includes an attorney. M...
Christopher Duron
Cash For Keys - California Law
I am under contract on a property in San Diego. The only contingency remaining is that the tenants must be out prior to close of escrow. The sellers are out of state and would like me to have a conversation with the...
Account Closed
How to Close on US Property While Out of Country
My wife and I are planning a month-long vacation in France and I expect to need to close on a few properties while I'm there. Does anyone have experience with this? I'm a US citizen and close on properties very simply...
Deangelo Mack
Buying an occupied home on a land contract
Hey guys and girls. Im setting up a potential deal with a seller... She and I agreed to the terms and are ready to progress . She told me that the property is occupied and they are not on a lease. Is it ok for me to a...
Rob Roy
Adding a Closing Costs Clause - Thoughts??
In my recent search to buy a new primary residence in an out-of-state market, I wanted to apply what I think to be a great addition to the offer contract. I heard it from Keith Weinhold on his Get Rich Education Podc...
Michael G.
Sell Entity to avoid The buyer agrees not to sell the property within 90 days of closing of this sale.â€
I'm looking for a prudent strategy to manage a clause ( the buyer agrees not to sell the property within 90 days of closing of this sale.) that the lender insists must be in the purchase contract of a short sale prope...
Neil G.
Where & How to Record SATISFACTION of LIEN? (Los Angeles County)
Case: Credit Card Collection Attorney obtained Default Judgment in Superior Court, LA County on $5k unsecured and attached LIEN right before they cashed my check which paid off the Judgment in full.. Escrow officer i...
Omri Liba
Impact of Costs on Note IRR
Hi,I use two techniques to financially evaluate notes:1. Through the RATE() function in Excel, without considering the costs relating to the note2. Through an Excel sheet that i built that takes into account servicer ...
Brian Wheeler
Double Closings
If I do a double closing for a wholesale deal do I have to pay the taxes on the property for the current year because I am owning it for 5-10 min? Also how do I receive my profits if my cash investor doesn't pay with ...
Tory Sheffer
Cost Segregation Study for Taxes
We just completed taxes for 2020 and with cost segregation study for one property we were able to write off $640k in depreciation for 2020. We paid $1.97M for this property and closed in 4th Qtr 2020. With our structu...