Forrest Shealy
Multi-family that lacks documentation
I have only done SF in B neighborhoods until now. I am looking at a 10 unit in a C- neighborhood. The price is great. The numbers the current owner is giving me are good enough to leave some margin for error, and ther...
Greg K.
Very strange Short Pay/Sale clause in banks agreement
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Noah Farley
What’s a exit strategy on wholesaling a house ?
Hey guys , newbie here . I have a 100k house and it’s for sale for 25k . I would like to wholesale if possible . What’s the steps I need to take to complete this deal ? Assignment agreements ? And if I get into it and...
Marc Izquierdo
Speaking to one of the multiple denied applicants about denial
Hi Everyone,I am denying two applicants (co-applicants) that applied for one of my units. The two applicants are not married. I mainly communicate with one of the applicants. After I denied them, she is asking for ...
Cheyenne Davis
Buying "Subject to" and Seller Wants a Written Guarantee...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Scott Loud
Information needed from investor to contractor
Hello, as a newbie to this game I’ve been reading all the books. They all have a uniform theme that contractors can be one of the trickiest members of your team find. David Greene’s book does well to describe the ques...
Linda Thomas
Tenant refuses to wear mask but insists on us coming for repairs
Hi,I wanted to know what everyone's thoughts are on this situation. I have a tenant that is insisting on some repairs. I scheduled a date/time to come inspect and go from there. I kindly asked her to please make sure ...
Tanya Smith
Buy a house for $120,000 an rent it for $1200
Hi Friends! I have been analyzing deals ALL OVER the area I live and can't meet this 1% Rule... Where can I achieve this rule without buying in war-zone areas? I have noticed there are people saying they only buy prop...
Cameron Riley
SEC-8 - INNER CITY LANDLords/Investors - VIEW this
Just finishing my open house with another list of prospective tenants I had received from Zillow... I have a few questions for my fellow city investors... - What has helped you find the most quality/qualified tenants?...
Philip Humphrey
Bridgehouse America in Phoenix - Lease with option to buy
Hi everyone. We have a lease with option to buy offer on a house in Florida from Bridgehouse America in Phoenix, Arizona. They are interested in doing a sandwich lease option or assigning the option back to us. Acc...