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I hope this post helps some of you out there apprehensive to put together a deal without knowing how to do everything up front.I bought my first deal and waited a year to do my second deal because I didn’t know anythi...
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Our Notable Capital fund has acquired mostly 2nd position NPLs with performing firsts and we are looking for a 3rd party service/resource with which we can engage to monitor the first position debt for default over 60...
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In the process of investing in a syndication and need to have my accreditation validated. I sent the form I was given via the crowdfunding site and sent along to my CPA. He unfortunately said he doesn't know what an a...
I am possibly moving to a new location within the next month, but I absolutely love the market I'm in now. I've made many contacts, including contractors I can trust that also have the same mindset as me. The location...
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I've never done this before and I need to know the best way to assure the sub2 seller that his mortgage will be paid.
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Who do you guys use to verify the contractor work when rehabbing a project out of state? The contractor himself? Agent? Property manager? Any insight would be much appreciated.
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Hi all,I've been advised to add a clause in my lease stipulating that tenants pay for a portion of repairs. The idea being that such a clause will prevent them from calling in repair people without thought. Historical...
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Someone called off my letter that I sent 4 years ago.
Long story short, 3-4 yrs ago, three heirs inherited a house and later sold it to a son of the 3rd heir. First two heirs jointly financed 2/3 of the loan (one not...
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We just received loan document for refinancing our commercial loan that we do not want to sign, 10 years loan. Our LTV is less than 50% ( yes no risk at all for the bank, and we have top credit score.We already paid t...
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I had recently met with a older gentleman in regards to 6, 5 unit buildings we spoke of in the past. He informed me they were recently sold for 1.8m. After building some rapport, he offered a 23 unit brick complex in ...