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I searched the site for some tips on this, but couldn't seem to find what I was looking for.In my mind getting the seller to carry a note on a property (to bridge the downpayment if possible or to cover the whole purc...
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Hey,I a house under contract that has structural issue, a pretty serious one. The roof rafters are falling due to water damage. The conventional mortgage lender sent an appraiser who realized that there is an issue. T...
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Despite having Zero claim history, my carrier issued a "non-renewal" notice for my properties in the western-Chicago burbs. Need to shop around and figured it was worth asking the community.TIA!
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Hey Guys & Gals,I am from Vancouver, Canada. I have been looking at investing in the Okanagan, which is a 3.5 hour drive away. Through my mom I met an agent from Vancouver who is also a very successful real estate...
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Hello fellow investors! We have a triplex under contract with seller financing. Our monthly payment will be $600. The property has a 1 3 bedroom apartment, 1 2 Bedroom apartment, and an efficiency apartment. The 2 bed...
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I went to a REI seminar recently and heard some new info on how to set up LLC, S-CORP & TRUSTS. The guru was saying to have your llc under an s-Corp for multiple reasons. 1. It provides layers of liability protect...
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Hello! I'm an out-of-state long-distance investor from Canada. I'm completely NEW to this industry. My local market is overpriced. I've chosen to invest in Texas because Census say it's the fastest growing state (http...
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Ok so what would you do if you were us. Supposedly my sister in law (and kids, husband) could be losing their house. We have been down this road with a friend and was burned. So I will ask just because it's family. We...
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Hello BP! Several years ago, a 22 year old me (and my wife) with a baby on the way decided to purchase our first property (with little to no money OR real estate experience). We purchased this home mid 2006. Fast f...
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Hi All,This is probably a dumb question, but when you buy a deal from a wholesaler, is it a good idea to work with an agent, or should you just work directly with the wholesaler? If so, is there a place I can find the...