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I currently have another vacant land under contract for $35,500. ( I am trying to wholesale the land). I received an offer from a buyer to purchase the land. He says he has good credit but his debt to income ratio ...
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Hi all,
Went under contract on a house last month but haven't closed yet as the seller was having some title issues. Went by with my realtor yesterday to review what work I'd need to do and we find the basement with...
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Any lenders out there that can do a DSCR Loan in Arkansas with 15% down? I have a property under contract and a lender I have used before, and was great, said he could make this happen but underwriters said otherwise...
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Hi
Bought a 2mil buidling last year with family members under a Limited Liability Co. and I am looking to sell "shares" of the LLC to another family member who wants in.
So 'cash out' a bit, if you will...
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I am currently under contract on two dwellings on the same lot, both have been used for short term rentals. I received my appraisal back, and the appraiser didn’t consider the second dwelling (studio, no kitchen but b...
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I am an real estate agent and investor in CA. Me and my wife have bought a condo and used as our primary residence from 2016 to May 2021.
We rented the house out to tenants in May 2021.
In July 2022, we transferred ...
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Hello all, I had a question hopefully you guys could give me some guidance on. I am interested in purchasing a rental out of state. I live in San Diego, so starting here would be pretty difficult. I have a very close...
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HiWhile reviewing a deal to purchase a performing contract for deed in AZ, I have ordered an O&E report and learned there is a 5K lien that should have been wiped out when the property went through foreclosure (DU...
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I recently got my rental agreement officially reviewed by a RE lawyer (yay) and he suggested a clause he sees a lot is “repairs under $50 are responsible by the tenant” or a number similar to $50. Who does this and wh...
Hi all,I've done a couple flips and I'm looking at purchasing my first rental property. Asking is $100k, which is far under market, but the current owner is an elderly woman with tons of pets who has it stacked to the...