Kenny Pyatt
Do I need a license to Originate a PM Loan in TN
I searched for this on the forums and saw a ton of older discussions but didn't see anything specific to Tennessee. I have a very close friend that has been flipping houses. I recently sold some property and have so...
Eric Telese
Analyzing desirability of areas and coming up with rent prices?
I know that there are many seasoned investors on here. How do you guys know if a specific area will rent out? Also, how do you know where to start your asking rent at after purchasing and possibly rehabbing a house?I...
Petr Anisimov
To prorate or not to prorate on a wrap loan
We are buying a property from a wholesaler in Albuquerque, New Mexico and the following issue has arisen. Is it normal that rent and mortgage payment does not get prorated at closing? The wholesaler says that it would...
Account Closed
Wholesalers Say the Cutest Things!!!
i received an email from a local wholesaler today whom described the property as needing only "$40,000 in cosmetic repairs". I hit the mls and was hit by "Property deemed uninhabitable by Clark County due to foundatio...
Mario P.
Residential land values - Greater Toronto Area
On December 8, the most recent residential land value report for the Greater Toronto Area and southwestern Ontario was released by MCAP (For more info visit http://www.mcap.com/development-finance/lot-value-...). Here...
Sandy Uhlmann
Confirming that taxes are paid
Is there an easy way to check and make sure that borrowers have paid the property taxes? As a first lien holder, do I have the right to be notified by the county if the taxes are not paid? I know some counties post ...
NIc Green
Financing a Property That Has an ARV under $100,000
Hello Investors!
Found a property for $25K. That includes a 1,900 sqft house that sits on a 1 acre lot. The repairs will cost about $35K. The ARV/Fair Market Value is $85-$90K.
I know most hard money lenders want t...
Jason Etheredge
Preforclosure and buying notes from a bank
There is a property in my neighborhood that the owners are trying to sell before they get foreclosed on. They are behind on payments and want they are asking is way too much because they owe too much. It’s a big brick...
Ken Graham
Ocean close vacant lot
I've read a few posts regarding the subject but can't really find a specific answer. I've found a vacant lot in North Florida (Atlantic side) that is ocean close (1/4 mile) in which eventually I would build on closer ...
Joshua Holifield
I just bought my First tax deed home
I just bought my first tax deed house and it is occupied how do I approach the people living there.