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I read that every mortgage has a Due on Sale clause, which means you have to notify the lender when you sale the property and pay the entirety of the loan when you sell the property. How do people work with the clause...
If I give money to a flipper to buy at trustee's sale, he wins bid, tells trustee to title in his LLC, I get note and deed of trust from his LLC same day, I record deed of trust, he gets trustee's deed let's say 15 da...
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I am actively looking in my market (North East Pennsylvania) for my first buy and hold property. To be prepared I formed an LLC to hold the property once I find it. I am primarily looking at duplex, triplex and qua...
After flipping a few properties and acquiring some buy and holds on my own I opted to start a LLC. However the LLC currently has no funds in the account and the bank told me that if I was to transfer any of my own mon...
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Hi all,I own a duplex in Long Beach where I rent the upper unit long term and the lower unit short term (airbnb). My upstairs tenants have been in since May 1. They are lovely girls in their 20s and one has a service ...
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Hey everyone,I'm starting a wholesaling business In New York and just formed an LLC. I've been doing some research regarding the legality of it and I'm a bit concerned. A lot of the forums I read seem to deal with thi...
I purchased a house a couple months ago, and paid at the top price or a little over for a supposedly move in ready home. I had an agent/broker, home inspection and appraisal. I haven't been able to move into the house...
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If I want to hire my best friend, for example, who has done work for me and I know his work is good quality, what issues will this present in my BRRR? Will I have an issue getting hard money? etc TIA!
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The president of my local REIA advised newbie note investors to read Invest in Debt by Jim Napier. It was extremely helpful for me & very interesting IMO...in fact I just got it last night and have already read t...
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Slightly high maintenance tenant brought cats into one of my SFHs. My property manager told them not allowed. They said they removed them. Months later a German Shepard is reported there by neighbors ( my best propert...