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Hi,I did a private lending, term was 1 year. there was a clause that borrowed can extend loan (if lender is ready) for 2 times, each time for 3 months. but borrower has to pay 1 point for each extension(3months). so e...
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hi I have been involved in real estate since 1990. Primarily doing pre foreclosures, foreclosures by auction and reits. I invest mainly in the las Vegas and metro Detroit areas. I enjoy the income both from flippin...
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my neighbor's irrigation broke and over the course of 5 hours dumped into my backyard and crawlspace under my house.
damages to my crawlspace amount to $2200; my deductible is $2500.
I filed against my neighbor's in...
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The tenants reports a rodent issue. The PM responds and has the exterminator comes out and starts an extermination program. Who should be billed for this issue? The contract with the PM states that the owner will have...
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So in 2013 I was able to buy the house I was renting for 32k cash. Today, working on buying another property. Wanted to go FHA with this one, but might possibly need POA to sign at closing due to the possibility of be...
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Hello,Looking to purchase my second house hack, but I’m a bit nervous about the large purchase.The property is a fully renovated 3/2 that has two fully renovated studio apartments with garages for each directly below...
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I've been reading more about subject to and here's what I've learned:-Good for sellers who are off market-Have low to no equity-Have a mortgage with a low interest rate (less than 5%)-Be absentee or out of state (vaca...
If you’re willing to get your hands dirty, new builds and home renovations can deliver a HUGE return on investment (ROI). Just ask today’s guest! After passing up on a deal that became a cash cow for another investor,...
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I have a 4 plex that I am buying on a 20 year owner carry with 7% down. It is due to close tomorrow and a tenant eviction hearing is the following day and there is no security deposit in place for the problem unit. T...
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I'm wanting to put an offer in on an on-frame modular in North Carolina. The owner has missed mortgage payments for about 3 mos. If I move fast, shorten due diligence and pay cash to close in say 3 weeks, can the bank...