Jeremiah O
Refinance existing private mortgage
Hi,
We purchased a house 4 years ago and financed it with a private mortgage. The private mortgage is with a family member and was for 100% of the purchase price. We were looking at refinancing the loan with a bank, ...
Ana Meals
How to run background check and rental application
Hello everyone, I know that there is a rental application to be filled by each person 18+ and a fee to go with that as well as a background check that must be done. How or where do I get the application for the potent...
Eric Wang
How to Evaluate a Real Estate Sponsor
Investing with an experienced real estate operator is one of the most rewarding ways to enter the world of real estate investing. You can rely on the expertise of an experienced real estate professional to carry out t...
Michael Chizhov
Quickbooks Desktop Pro: how to account for starting capital?
Hey all, just bought my first house-hack, has the potential to be a 3-unit after renovation. I'm trying to get my books started on the right foot and while I have a pretty good understanding of how to set up my Chart ...
Katharine Chartrand
when does the clock start on the right of redemption
I bought a house in a foreclosure auction in New Mexico on May 27th. This is my first auction purchase. I was pretty surprised to find that I don't own the house until a judge gets around to issuing the warrantee de...
Bryan Davis
Can you get a warranty deed after a quitclaim deed has been used?
I have the opportunity to acquire a property from three heirs, one at a time, via quitclaim deed. This may be the only way to make the deal happen. If I did this, what would be the possible issues down the line con...
Chris Cervantez
Found a potential deal, can't find sellers
Hello,So I was door knocking a neighborhood looking for traditional sellers and spoke with a woman who pointed me to a home down the street that she believed was in bad shape and had specific knowledge of the seller b...
Davion Malwah
How do wholesalers make money
Doesnt the wholesaler have have the same access to trulia, loopnet, etc as the investor? How do wholesalers find properties dirt cheap?
Kacey W
Explain to me a Mortgage Wrap!
I have a commercial property that I have a buyer for. One of our only options would be a mortgage wrap. I have never done a wrap and am not real familiar with it. Can someone give me an explanation of a wrap, what to ...
Josh Sterling
Expense tracking for rehabs
This year we purchased several bank owned properties requiring moderate rehabs. We spent 12-30k on each house to get it to an above market quality for rent. This rehab amount includes:
Contractor Labor, carpet, paint,...