I'm under contract for a commercial property and the seller is very disorganized. They are unable to locate some of the tenant leases for the property. The tenants they can not find the leases for... the seller is sta...
A tenant has asked me to write a letter threatening eviction (even though he is current with payments) so that he can use it in order to obtain a hardship loan against his 401K in order to clear up some unexpected bil...
Ok interesting situation here i am on lender #3 and no one can seem to sort this one out. I have a quadplex bought back in 2017 for $550k & 5.5% mortgage rate. I have a appraisal for that property for $730k but ca...
Foreclosure 101 for Investors
I wrote a few articles on foreclosure. Here is one of them. Angela Walter, Texas Attorney - Feel free to message me if you have any legal questions!
Purchasing properties at foreclosu...
Greetings,I got the following feedback from underwriting:DOCUMENTS DUE AT CLOSING AND FOR SIGNING:- *Amended Operating Agreement to reflect Member-Managed signature block is needed. There has to be an area regarding t...
After 12 years working as an employee I finally pulled the plug on my W2 engineering job!Although it took a decade, Passive real estate investing gave me the security to leave a steady pay check behind. As I transitio...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $596,000
Cash invested: $177,000
This property is a five-unit multifamily building situated on a 7,800 square...
Hi all,
This is my post on this forum. Happy and excited to interact with this community!
Here is where I stand and this is my question:
Just like us all, my goal is to reach financial freedom. I am a bartender an...
I make around $100k from full time job. I own two Short term Rental unitsI own two long term rental units. I plan to continue to buy rental or commercial property. Should I hire a CPA, a bookkeeper, or just do that my...
I'm looking at buying a shopping complex, however the current owner won't allow access to the rent rolls for the units on the property. I'm looking at it for a buy and hold. Any ideas on how I could entice the owner t...