Naema Ahmed
Help: I need Advice!
Hello Everyone,
I am a 23 yr old student currently finishing up college in San Diego in September and would like to get into real estate investing. The problem is I don't have much knowledge. I have done some researc...
Tom Medwin
Strategy For Working With Realtors & Commissions
As a realtor I just want you guys to know that you are being a little too generous to have the realtor make their commission on the A-B transaction AND B-C transaction. Just know that most, not all, but most realtors...
Chuck Prime
The "And/or Nominee" Catch-22
I'm a wholesaler in AZ. I'm new multi-family, but have wholesaled SFRs for over 5 years. I write purchase contracts, I assign them in escrow, and I show up on the HUD. I'm careful. The vast majority of my stuff closes...
Angela Carter
Double closing disclosures?
I am in the process of selling an REO. My attorney says that NO disclosure is needed for the seller because this is not a short sale. It is none of the banks business what I intend to do with the property once it is s...
Jonathan C.
Lender Problems Galore When Selling Rehabs
So I don't seem to have a big problem in finding good rehab projects to buy, I don't seem to have too much of a problem getting those properties renovated on time and on budget (more or less), don't have a problem get...
Ryan F.
Investing into negative equity but below replacement cost
I'm looking to buy a cash flow SFH in the Atlanta area with 8% CAP rate and 10% CoC return. However, the appraised value is only 80% of purchase price ($100K) so I'll have to kick in $15K extra cash to close with a tr...
Damian Baynes
Getting a lot loan
Hey everyone,
I've come across an opportunity where the seller owns a large house and also owns a vacant lot adjacent to the house and is trying to sell them as a package deal. This deal is pretty enticing to...
Joe Boggin
just closed yesterday! here is my issue. help!!
i closed on my first rental yesterday. the previous owner has lived in the house for 32 years. i ran title and agreed on settlement about two months ago. i need to mention the previous owner met a girl online a...
Pat Burch
My Renter Wants to Buy It...
Hey Everyone,
I own 5 investment properties. One house was paid off last year. What a great feeling, $900 a month income with no mortgage, pure joy. Well, the renter has inherited a large sum of money and wan...
Robert Taylor
Experienced auction buyer looking for advice on how to deal directly with current homeowner about to lose their house at the auction
Between my brother (who is my partner) and myself, we've bought at least 40 properties (residential and several commercial properties) at our local sheriff's auction over the last 10 years. As is common with a lot ...