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So I purchased a rental property from a wholesale company. The SFR is in Memphis TN. Part of the deal was that a tenant would be in place at closing. The asking price was 88,500. Long story short, the appraisal was fo...
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I just sold a property and was planning on doing a 12 month land contract, at which time buyers will be able to acquire a traditional mortgage. In talking to a mortgage broker friend today, he suggested it might be a ...
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Hi everyone, I have a question about financing a property that I have under land contract. I'm 1 year in on a 2 year land contract for 4 units. The units are located in Massillon, OH and are separated into 2 duplexe...
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We have a house under contract (going on 3 weeks now). It is a rat trap and a hard sell, but we have an investor that wanted to see it. We called the owner to make arrangements and he said he sold it to his neighbor...
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Ok guys, due to Covid I have decided to expand my remodeling and home improvement business- For $75/hour, I will virtually walk you thru remodels, flips, maintenance/repairs, and improvements. Zoom, FaceTime, or Micro...
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I currently own a property with 2 units and an unfinished basement. I want to fix it and rent it out. I want to let my friend in on the deal by letting him provide his credit for the loan to fix it up. Afterward, we w...
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What section of a real estate contract would be used to list whether a property designated as a historic landmark has actual improvement restrictions on it, as opposed to just listing it as a historic property? Some ...
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Hello, yesterday I went under contract with a home that I just found out today does not have permit for any of the work done. Dekalb has the property as a 3/1 and I am purchasing as a 5/3.5. The upstairs has 2 beds, 2...
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Hi all, First post and happy to be apart of the community!
My wife and I just closed on our first house! One of the reasons why we wanted this house is because in the list description it indicates the seller "would ...
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Hi! As a newbie here and since we are working on our first deal, we have no problems asking questions when we need to so that we're always on the right track. So, here goes...
- When you are putting a property unde...