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I contacted an attorney a little over a month ago to draw up a promissory note and a mortgage that I could use for a private money loan between my lender and I.Initially, he requested a $400 retainer to begin work on ...
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i found a great deal and i don't want to lose it. upon having a title search done here are the issues:
2008 bank files for foreclose
2011 owner later files for bk (has 2 homes only included 1 home and n...
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I got a bunch of questions about a property I purchased in Chicago through Profit from Rentals (PFR), so I thought I'd put down some of the facts here. I'll attempt to keep this as a running post, so folks who are cu...
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Hi,I just bough my first 6 fam unit in RI. I am thinking of forming an LLC soon. I am wondering if folks can answer few basic questions : 1) I am based in MA - Should I form LLC in RI or MA?2) Is forming LLC is a pr...
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We are selling a REO house we bought 5 months ago. As we going through the closing process, the title company found out that there was a loan that was taken out by previous owner that was never paid off. The loan wa...
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We just had a new tenant move in on October 1, security deposit and first months rent were paid to us fine, no issues. Come November 1, we did not receive our rent, so I reached out to the tenant and she played it of...
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Does anyone have a clear picture how the HAFA 90 day hold will affect those of us who use transactional funding?
How can we pre-determine if a property falls under the new HAFA guidelines ahead of time?
I'm not a ...
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So far, I've always rented the apartments and homes I've lived in. Some of my goals for 2015 were to purchase my first home and begin my real estate investing career. I currently live in a house that is probably out o...
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I’m trying to BRRR. This is my first time investing in real estate which is not my own home. We have two days to purchase a contract from the wholesaler so I have to make a decision.
The deal:
The negotiated price:...
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Received this email from a tenant today. I called the pest company and
twice they have failed to show up to the unit. However, it seems that
even with the "infestation" he is willing to live in the unit for
a...