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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...
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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...
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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...
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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...
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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 $...
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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...
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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...
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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...