Charles Waters
Buying NPN,,Need help in to guaranty that the Homowner is out 30 Days
I need to give him 5k for his QC which he is using the funds to establish a new resident.. I have the Asset sold on the condition he has no tenant or having to start a conviction . The Note is being sold to be sold m...
Huy N.
1st 2015 Rental Deal - why is it so hard to find deal these day?
I will answer the above question myself: I haven't look hard enough and didn't make enough connection! I need to tell myself it is not because of the Market. It was all because of the lazy me!With all the layoff in Oi...
Michael Lauther
approved for a mortgage but lender wants deed to be "seasoned" for 90 days.
we have and end buyer for a REO but buyers lender requires the deed to be in sellers name for 90 days. are there lenders who will approve sale on an immediate flip?
Billy Rogers
1st vacant land DM response - accepts offer but going to auction in 9 days
I received this response from a mailing sent to vacant land owners"Dear Mr. Rogers, thank you so much for your letter, and I would gladly accept your offer, except for the fact that the property is set to be sold a...
Kathy Cooper
How do you find ARV MultiFam when no 90 day comps to be found?
I am in the process of doing the calc for a multifamily - old neighborhood - good income, but needs a good reno. Owner wants to know the Wholesale value but I have no recent comps.There are many recent SF homes sold, ...
Andrew Maynard
FHA Issue: Sole Owner Used QCD to ADD a Joint Owner ~30 days ago
HELP! I'm under contract to buy a multi-family where the current owner (8 years) used a quitclaim deed to ADD a joint owner 30 days ago. We're fully negotiated and ready to sign the purchase and sale TODAY, but the c...
Michael Seeker
What is your day job and how do you apply it to your REI?
Just wanting to hear what part time investors do for their 9-5 and how they apply that to REI.
I'll start:
I'm an actuary with a large health insurer (please, no comments on how health insurers are the ...
Tariq B.
House Next door went up for sale same day as mine. What to do?
Hello All,
Curious what others would do in this situation.
I am going to list my house later this afternoon or was not sure yet.
Come to find out. The house next door just listed today of all days. And it’s for ...
Paul Lee
Haven't owned investment for 366 days and prospective tenant wants an option to buy
HELP all advance 1031 professionals and CPAs. I have two CPA's with 2 opinions and now I want the communities opinion. So I listed an AZ property I bought as a 1031 replacement and closed on 6-30-22 for rent @ $6000 f...
Sandra Kim
FIRPTA Nightmare: 2 days away from deadline and Title Company refuses to pay IRS
Hi all,
Sold a vacation home in Florida, and as a non-US resident, 15% of sales proceeds were withheld by title company for FIRPTA. I hired an accounting firm specialized in FIRPTA to handle the forms and remittance ...