Ellis San Jose
Creative aquisition help: HELOC question/ Sub-2 Master lease
I am considering either acquiring or master leasing a property from a seller/owner.There is a HELOC in 2nd position w/ $51,000 balance but has a maximum credit line of $350k.I would like to leave the loan in place if ...
Schneider Lincifort
Real estate agents and wholesalers?
Hello everyone. I am a new real estate investor in the Columbus area.
Quick question, would it be a bad idea to be a wholesaler and a real estate agent as well?
Is that illegal?
I'm a wholesaler and I was thinkin...
Meg Roman
Wholesale contract example? Seller and Assignee only
Hi - I'm looking for clarification on wholesale contracts. Each contract example that I've seen has three parties: Seller, Assignee and Buyer. If I understand the process correctly, I, as the Assignee, will first ente...
Carolina Mejia
Possible encroachment- how to handle
Hi, i have a piece of property that is 1.35 acres in GA that a friend of a friend is looking to sell. Its nothing special it has an old 87' 3/2 trailer and a cement block 3/1 house both houses share utilities. The sel...
Ryan Toffer
What are the limits to helping someone sell their house?
What are the limits to someone helping the seller sell their house without a real estate license? They are not interested in working with an agent, but just want to sell by owner. There are a few things that I can do ...
Jorge Vazquez
I am wondering about a "sewer scope." Thoughts?
For what it’s worth, after 20 years and 3,500 transactions, I’ve never done one myself. I guess that makes me part of the 1%! But hey, I’m learning about it as we speak—always room to grow!
Shea Spinelli
Bought Owner Financed Property - no 1098
We bought commercial property last year and the owner financed 90% of the purchase. They didn’t issue us a 1098 for interest paid. Can we still claim the interest? Thank you!
Dustin B.
Water Meter - Troubles
Hi All, Just wondering if anyone else has ran into this problem or how you would handle it. About 3 weeks ago I purchased a vacant lot on main street in a small rural Utah town. As part of the sellers disclosures they...
Allende Hernandez
Wrap a HELOC
Hi guys,
I have a seller that has a HELOC of 144K with 18 years left and he is wiling to do a wrap with a 5 years balloon to a buyer(I'm just assigning the contract)
I'm too new to all this and I'm not sure if its ...
April Birdsong
Roots in Sewer Line on Sewer Inspection
Hi thereNeeding some guidance if I should run.I am in due diligence on my 2nd deal and the sewer inspection found 3 areas in the sewer line with very tiny roots. 2 were little nubs and the 3rd was like a new growth o...