Trying to keep this short and sweet. We were presented with an opportunity to purchase a home direct from seller before his home is foreclosed on. It is set to be taken by the bank on March 7th. We would be getting a ...
Basically I've posted a late notice on a tenant door. It pretty much stated May 15, 2017 which is today is her deadline and 19th is when the court precedings will begin. I text you this am and reminded her of the late...
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...
This is purely hypothetical but I had an idea that I could explore if it's even legal. My idea is to work with RE investors/buyers, and use my available funds to provide a proof-of-funds letter for their deals, and c...
Submit your deal - any deal - here for "underwriting", let's see how we can collaborate, review, comment, harass (kidding), and give input on your next up and coming development deal.Scott
I keep hearing and reading that moving a house into an LLC can trigger a “due on sale” clause of a typical mortgage. I got to wondering, what if I buy a house for a BRRRR strategy directly into an LLC with cash? Woul...
I'm looking at buying a property to house hack that needs an extensive rehab. I'm looking into using the 203k program so I don't have to pull the rehab funds out of my savings. Plus I plan on doing a good bit of the w...
I am a first time investor and I am wondering about moving my soon-to-be rental property into an LLC. Is this a good idea, why or why not? I filed for an LLC along with my application for a business line of credit. I...