Chrish M.
Title issue, strategies to close?
I have had a ANR lot under agreement for 9 months as the buyer. I pulled a permit to build a single family home, lined up the financing, etc. However, I have been unable to close because the seller failed to disclose ...
Niv Nissim
How to structure a private money loan?
Hi guys,I have a couple of friends and colleagues that are interested in lending me some money for projects I’m doing.What options do I have to give them security except for “first lien position “ on the property?Most...
Amy Muir
Backing Out of Deal during Covid Crisis
My husband and I went under contract the end of January for close date of March 31st to be our primary residence. We have financing in place and all was well until the Covid crisis halted everything. I am now worried ...
Lisa R.
Let me Airbnb your property for you!
I have been using Airbnb at my property to bring in extra cashflow and have been very successful. I am looking for a house where I can live with reduced rent or no rent, and AIRBNB the rooms for you! I will manage the...
Jerry Westhoff
Seeking financing Advice
My business partner and I purchased a 4 plex property in Grand Rapids Michigan. we had a friend of the family finance the purchase with a 2 year loan at 8% interest. The property is a complete gut/remodel. We are s...
Steven Vasquez
Homestead exception on 2 homes, 2 counties
Hi all,Looking to get some answers on a situation I am about to run into in the near future. My former primary residence I lived in for 2 years is in Georgetown, Texas in Williamson County, and I've had a homestead e...
Robert Adkins
Profit Margin Analysis
Hello everyone,I am curious what percentage profit everyone looks at when they are buying a deal.I currently have 5 properties(1.3M equity) that gross $5700 a month then after expenses I’m left with $2636.Is this a go...
Jonathan Makovsky
Short Sale Approved - Seller Won't Sell (Next Steps?)
We have an approved short sale and the listing agent just informed us that he will not sell it anymore. Our contract is valid, enforceable and past any contingency periods. Our attorney advised us to file a lawsuit an...
Tyson R.
Property Managment StartUp
I'm currently looking for my first investment property is SLC and I plan on self managing it. A family friend who has properties offhandedly asked me if I wanted to manage his properties. He only has a handful and sin...
John Rovin
Newbie Question on title
Hi I am researching a property which is listed at foreclosure auction. This is very basic question please ignore my ignorance.It is foreclosed by lets say ABC Bank with $100,000 principal original deed date: 1/1/1999....