I submitted an LOI to buy 2 duplexes in Hesperia, CA. I don’t like the purchase price, but the seller has agreed to carry a portion of it so I am not out of pocket any cash. Apologies if this is lengthy or complicat...
Hi Everyone,
My question is do you favor replacement cost insurance vs. rebuilding cost insurance? Also, if the property is destroyed and you have only replacement cost insurance do you rebuild or just sell the land ...
Found a deal that needs to be closed before I can get financing lined up. Looking for advice. I will give yeah my current details. Deal: Purchase price of $45,000. Option 1? I am in a position to close quickly w...
I am a local investor in Fort Wayne, Indiana and surrounding counties. I have found a property I would love to attempt to go down the subject 2 path and try it out. I talked to my agent and she pointed me to a lender ...
Hi,I'm trying to get a good grip on buying foreclosures from the courthouse steps in Texas when the property has a 2nd lien. For example, the sale mentions the first lien, the primary, from the main bank foreclosing....
We have a lot of posts on BRRRR properties but not a whole lot on buying land to build multi families . The purpose of this post is to discuss, share experiences, ideas to explore on the subject further hoping we can ...
I'm not sure if they think I'm crazy or determined. I submitted an offer for a property that I knew would be declined because it was low but worth a shot. The banks agent came back and said 130k FIRM! I wasn't happ...
I have a tenant who broke a leasing agreement for only all the reasons possible. Illegal roommate, disturbing behavior and non payment. I sent the 30 days notice to quit. In the last day of the notice he was hospitali...
I purchased a foreclosed property in Memphis during the corona, however it is still occupied. I tried talking to the tenant and they won't leave and from my understanding right now there is a hold on evictions. What i...
Hi everyone,I've purchased a vacant land from a retired lady. I purchased the property a while back roughly 6 months ago for a fair price. The seller lawyer had sent me (2) letters claiming that I took the property wr...