Jesse Mitchell
Inheriting Elderly Tenants
Hey Everyone, I find myself in a unique situation and am hoping there are a few of you out there with experience/advice for my situation. I am pending on a duplex that already has existing tenants in the lower level...
Jonathan Clark
Questions on cash out refinance of warehouse property
I recently rented my 15,000 sq ft warehouse to a multi-state, A credit tenant. It is only a 1 year lease with renewal options because the tenant does contract work for Duke Energy and does not want a long term lease i...
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Money back deals
I see ton's of cash back deals lately and have heard these can be illegal. Is there a legal structure that exist??
Fran Flanagan
Equity stripping from rental property
We kept our old home as a rental; we fixed it up nicely over the years we lived there. We have some equity in it and we also have a low interest rate. Basically, I have two questions.
I have an ARM that resets in 20...
Jon Pate
Is it possible to dissolve an owner financed mortgage
In this scenario, lets assume the mortgagee and mortgagor are both in agreement and would like to terminate the existing mortgage agreement (rather than pursue foreclosure). Is this even a feasible solution? I could n...
Neel P.
My financing fell thru, after initial closing date. Do I get EMD?
So my lender was lagging a lot and therefore me and the sellers agreed to postpone closing date twice (we signed anAddendum). Now the official close is set for next week. This is about 50 days after signing the init...
Account Closed
Investment home to rent long term in Minnesota
With all the chaos going on, I was wondering if someone can help me out to make a decision to buy an investment home or not at this moment.
The idea is to rent it long term.
Interest rates are low and I want to take...
Thomas Mitchell
Just wanted to share my success story.
Hello everyone. This post has no point but to share a recent success of mine and to motivate everyone to keep working toward their goals. I purchased a house last week (4/2/2 in Texas) for $30,000. I used a fund...
Rath Yelandur
AUCTION.COM - Do we get a Clear Title with Online or Live Auction
I am new to REI. I am in the Houston area. Lets say - one purchases a property by bidding online or at LIVE auction with AUCTION.COM.Do they get a CLEAR TITLE or they still have deal with hidden Liens ?In the doc...
Trever Good
Wholesale foreclosure with tenants
I’ve got an opportunity to buy a foreclosed 2 unit duplex from a wholesaler. This property comes with tenants already in place, but “since it came out of foreclosure” the wholesaler can’t tell me anything about them. ...