Anthony B.
Terms for Lease Option with original owner
Example:
Found a home owner willing to do lease option. You find a rent to own buyer. You sandwich the deal in a 2 year L/O. 1 Year down the road the buyer bails out of L/O contract. What are the terms/penalties you h...
Robert Wilson
Deceased Owner of Property--Who gets the Property?
Hey guys. So I've been trying to get my first wholesale deal done, and I've had some ok leads but nothing I could close on. I'm currently working with a guy whose sister passed away and he tells me that he is now the ...
Denise Evans
Alabama Self-Help Legal
In Alabama, individuals can represent themselves in court. Corporations, trusts, and LLCs cannot (because they have no true "self") except for cases in Small Claims Court. Currently, Representative Mack Butler (R), ...
Bradley Dosch
The First House Hack
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $366,000
Cash invested: $11,000
This was my first house hack and first time investing in real estate. I lived in th...
Tyler McLeod
Goal/Down Payment Question
Hey all,
I have decided I am going to save $20,000 by December 2015 to get ready for a down payment on my first home. Is this enough for a house these days? I've read of people saving more than that depending...
Ashton Astillero
So I found a seller of a distressed property not on the MLS. Now what?
I was driving for dollars last week and I found a property that had a for sale sign. I figured I'd check since they said they'll finance via land contract. I called the number and met with the guy and he walked me thr...
Michael King
Can you use a deed of trust in a mortgage state?
Hi everyone, Long story short, there is a gentleman who called me up on one of my ads to tell me that he got a good job out west and wanted to sell his house quickly. The house is located in Massachusetts (a judici...
Matt E.
Owner-occupied financing for American living abroad
Hi,
I have plans to purchase my first investment property in my hometown over the summer. It's listed as a triplex; however, the unit upstairs has a spare bedroom across the hall. My mentor encouraged me to look into ...
Chad Winslow
I lived in 2 family for more than one year. I have a fha loan. If I want to move out and rent my part of 2 family will I need to provide docs confirming I lived there for the past year and a half and if so what docs would be required.
I live in and own 2 family for more than one year. I have a fha loan. Can I move out. If I want to move out and rent my part of 2 family will I need to provide docs confirming I lived there for the past year and a ha...
Wayne V.
Deal Stalled Because Seller's Sister Won't Sign Off
We have a house under contract that was supposed to have closed last Monday, then postponed until today, and now until maybe tomorrow. Our reasonable offer was accepted by the owner in residence, financing is in place...