Anna Ayala
I have the money but the CREDIT!
I'm feeling really frustrated!!! I just talked to the credit union that I want to use and my combined credit is 602 since i just bought a car and other inquiries. So now its the waiting game!! I have the money to giv...
Giovanni Luna
How to buy a property withought using the debt method
How do I buy a house without using a debt method or without saving up for a long time and the buying for cash?
Daniel Golub
Need advice on business structure
Hi guys, I just got my hands on my first property, and am aggressively looking for more. Business law is definitely not my expertise, but I have been made aware I should start an LLC for my real estate. Do you guys do...
Jonathan F.
How to structure a loan from a friend for duplex/ADU?
I recently bought a small house (my principal residence) in a hot Portland neighborhood with hopes of making it a legal duplex by converting the basement to an apartment. Let's say this costs $100K to do properly (sou...
Chad McIver
Need help structuring a subject to deal.
My plan is to buy a house subject-to, by doing a Quit Claim, and taking over existing mortgage payments.The seller is wanting to purchase another home ASAP, and needs the loan im taking over to be off their DTI, other...
Adam B Henderson
Purchasing the home I have a note on
Hey,I am looking to buy a note for around 40k and the UPB is 90k. If I buy the note for 40k can I offer to the borrower 5k to buy the home from him and relinquish all his debt and I get the home. This seems much qui...
Morris Hicks
Inherited 50% Sibling doesn't want to put the house on the market
In my attempt to make this post short as possible. I'll jump right in. First off id like it to be known that am the disabled son of a Vietnam vet. (Agent Orange but not recognized, fixed income, divorced father of th...
Aaron Frances
To Cash out for credit cards or not to cash out?
Hi Everyone, I converted my 2-flat apartment building into a legal 3-flat using a cashout. Appraised at $425k, new mortgage at $2330 at 4.35% currently owe $305K now. Property may conservatively appraise at $525k acco...
Trevor Hough
Using multiple Lines of credit for renovating
Hey everyone, I was talking to a local investor and he suggested I open multiple LOC's before building my investment portfolio so I have access to money for renovations with properties in the future. He suggested doin...
Chris Serger
BK11 & 2nd Position Notes
Does anyone have experience with a NP 2nd on an investment property which is part of a BK Chapter 11? I'm familiar with all the note education concerning BK 7&13, but I haven't come across 11. I've already learned...