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Interesting article in the New York Times about "Real Estate Shell Companies Scheme to Defraud Owners Out of Their Homes". The story details Shell Companies that target desperate, poor sellers in neighborhoods in Broo...
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One year ago, I purchased a property for $550k and signed a tenant to a 10 year lease. The proprietor was a coffee shop/bookstore that was operating down the street. They wanted to expand as well as offer food and a...
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I understand the high level idea of seller financing, and i am now faced with two properties that I feel could be perfect for this. I have never used seller financing, as i am currently house hacking with an FHA loan...
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If I pay cash for a property that is being wholesaled to me, will I get possession---and thus be able to work on the place--- more quickly than if I financed through my bank?
btw...couldn't edit title of post to read...
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We moved into a rental that our realtor arranged for us through a client who was in default with her mortgage. Our intentions were to be short term but instead we decided we loved the area and wanted to short sale, a...
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Ok this is the situation. Five girls signed a lease for $2150.00 per month for a five bedroom house. Each to pay $430 per month. The lease states it is for the term of 9 1/2 months to commence from 16th Aug to end 1...
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I would like to buy real estate without an agent. I'm looking at properties around $1,500,000. With the standard 2.5% commission that is a savings of $37,500.
1. How do I make the buyer aware of the savings they wou...
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Hey everyone, I'm new here & couldn't really find the answer to my question(s) so hopefully I can get some feedback/pointed in the right direction.
Me & my friend recently started a company buying homes to le...
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I recently purchased 3 properties directly from a local bank and wanted to share it as an idea for other investors. I have had a borrowing relationship with this bank, but do not have any significant accounts with th...
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I am getting laid off my w2 job here in a few weeks. I also have a active real estate license in Texas. Im thinking about going to work with a buddy of mine who works for a wholesaling company. He said you get 20% of ...