Anyone have any success in a bank allowing you/your investor to assign a contract? I have heard through the grapevine that Wachovia will allow it, but I don't know for sure. A local Realtor associate told me today t...
The mortgage is still due. Why?
1 - Investors should have saved 'reserves' in place - so if they are already worried about rent payments coming in April, just a few weeks into this, they have decided not run their v...
Hey guys I have a question of a somewhat delicate matter. My sister's husband fled the country because of IRS problems. We have lost all contact with him. She wants to sell her house but it is in both of their name...
Having been around since the very early 80's, I've seen a few real estate cycles. I'll freely admit that I did not foresee the extent of the recent collapse. I saw a decline/correction coming, beginning in 2003 - wh...
I would like to bounce a situation off y'all. I am currently under contract on a commercial property that is 11 residential units. This is only our second multifamily property so we are far from experts. The seller...
So Id like to hear from some people that have syndicated or have raised capital to fund deals that they've either found or created. I understand that having a piece of real estate, where the numbers work, is key to ha...
Hi there,
I am very new to this field but after five months of shopping, I am under a contract with SFH and got the inspection last week. I am already overwhelmed and need experienced investors' help.
The house ...
So in my first post 2 weeks ago I briefly introduced my desire to complete my first transaction in the next 6 months and my current financial situation. I was lucky enough to meet with 2 very bright and influential me...
Hey Guys,
I have a small commercial multi but my main focus has been res. property. I have a question about self-storage and I have never done it before. I have a line on a 42,000 s.f. commercial building in a densl...
Hi everyone, I live in California and am looking into Erie as a potential investment location on a multi family buy ad hold property. Doing my preliminary market research and wanted to know if anyone has any helpful i...