12 months, our furnace went out, pipes froze, and we racked up over 100k in damage. 12 months later we are still fighting with the insurance company on a settlement. They've managed to convince me to give up on furn...
I bought a property to rent to my daugher and roomates 150 miles away so I didn't go to the inspection or final walkthrough. Among other things that got fixed, the inspector found drooping insulation and some mold on...
Got a quick question about wholesaling and taxes. When wholesaling, are you issued a 1099 or anything from the hud 1 form or do you just make sure that you take care of the taxes on your own according to how you are s...
Hello Everyone,I am having difficulties trying to write my contract for a 'subject to' deal I'm working on and I'm hoping I can get some clarifications by the gurus in here. The purchase price for the property is $2...
I need the advice of this great community. I am the seller in a botched real estate deal. I had a purchase contract that explicitly stated we would provide a $2500 credit for an A/C install. I pre-signed (out of stat...
Maybe I'm just missing something, but I'm confused about a few things with the brrrr method. Say I buy a house for $100k, rehab it for $20k, and then refiance for $200k. If I did a cash out refi, I would have around $...
I just had my offer accepted on an REO. In the addendums, there is a contract cover form that outlines several areas of interest. One area is about 'Buyer's attorney or title company.'
Do I as th...
I have been under contract since May for a deal to buy the building where my wife’s newly purchased business operates. We were supposed to settle on 8/1 but the upstairs tenant has refused to let the owner into the ap...
Hello! I am considering a condo unit in the downtown Chicago area. It's a 20-year-old building located right next to the train rack. The unit's ceiling crack has grown throughout the entire living room diagonally. I'v...
Hi guys,
First of all, thanks for reading through my post.
I had a look at possible investment property this morning and we noticed some foundation cracks. Seller described them as settlement cracks in the disclosur...