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I got a call from my contractor today. After three coats, the ceiling paint isn't sticking and they need money for kilz, new paint as well as for labor to repaint. I have no problem paying for the kilz and paint (alth...
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I think I understand the basics of seller financing methods. I know people use "subject-to" a lot but I believe that is one type of seller financing. But there is also lease option and I've heard Agreement for Sale or...
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I am just getting in REI and I am thinking about buying a rental house from a wholesaler. People tell me to get a loan from a hard money lender for quick money. Now if i got that loan would i try to refinance with a...
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I have two buyers; I am trying to find them properties that fit their criteria. i am not sure what to do next once i find the properties. Am I working backwards here? Lets say the seller agree to the terms. How d...
Ok put deposit down on house deal is excellent. I currently have 25% down to get a conventional loan but the problem is my credit score. Bank of America requires 680 as the middle number but right now my credit is 643...
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Hi All,
I am new to this forum but very excited to be here. Hopefully I can become a millionaire in 2.5 months (Definitely joking). Here we go, I bought a condo a couple years ago for a very reasonable price near th...
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From what I've read, it seems the #1 problem with contractors is not getting the work done when they said they would. Well what if penalties were built into the contract, so that for every day work is not completed pa...
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First time poster here. I am looking to buy my first rental. When it comes down to who is in charge of paying for what bills, do I the landlord have control over that? for example i notice some rentals the renter i...
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I own a one single unit condo in Oakland, CA and am having trouble finding an attorney to hire to assist me with the following three things. The ones I reached out to only seem to work on large multi-unit buildings, n...
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I've listened to podcasts about using other people's money for RE investments, but once I figure loan payments, we can't make the properties cash flow well without more free and clear cash. Example: $990k 9-plex, gros...