John Baker
First Buy & Hold - in the books
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $240,000
Given Raleigh RE market at the time, there were multiple offers and we had to pay above asking. This property ...
Account Closed
Things to ask Seller of multifamily
Hello All, I am trying to purchase a 5 unit in PA. I had requested the following information from the seller.1) Annual property operating data for the last 12 months.2) Current rent roll3) Past rent roll for 12 months...
Dillon Morrison
Cannot find a rental tenant: Ohio City, Cleveland, Ohio
Hello,I recently acquired my first rental property in a nice part of Ohio City, Cleveland 44113. It's a 2bd (with a large office as well), 1.5ba upscale unit in great shape, very well-maintained, and very close to bar...
Vincent Polisi
Has Anyone EVER been forced to pay an accelerated note because they transferred title and the bank enforced the due on sale clause?
The "Due On Sale Clause" in every lender's note is a common investor fear due to the myriad of ways investors transfer title on deals.
In 30 years, I have NEVER heard of a bank accelerating a note that was paid timel...
Dom K.
Detroit / Michigan / quiet title Service - looking for one
Dear All, was wondering if you got any good recommendations for a good QUIET TITLE SERVICE (attorney) for Michigan, specifically Detroit area. We can provide 1 home or more, depending what prices discounts are. We loo...
Jared Abbott
When should I start making $$$?
Guys, I am working with a real estate investor as the acquisitions manager, but we haven't closed on a deal since I've been with the company - over 5 months. I'm at a crossroads...I'm a recent college graduate, livin...
Fred Shandler
What is the basic sequence of purchasing a property
Hello all...I've been piecing together tons of info. from the site and am sort of putting it all together. I am, however, still fairly unclear on few steps in the basic sequence/process of purchasing a property.
Gen...
Ben Hansen
first timer
I'm looking for general information on picking up tax foreclosure properties. Can someone point me toward some good general information geared for a first timer?
James Halk
We own home in Lakeview New Olreans, renting while relocating to Houston
Hello all,My name is James and I'm hoping to learn a lot from this site about developing a rental property portfolio. My fiancee and I are professionals with careers, but I already own a side business teaching scuba d...
Burt L.
How Can A Self-Employed Wholesaler Best Present Tax Returns to Qualify For a Personal Residence Loan?
After wholesaling rental properties and being tired of being a tenant again myself - I would like to be able to qualify for a conventional loan. In speaking with a local tax attorney, I was told that 2013 was the last...