Martin Harris
First (potential) Deal Question
All – Getting ready to (hopefully) purchase my first rental property. Found it on a listing site so it would not be through a realtor. Person is asking around 70% of the value, at my initial look there’s some work tha...
Nicholas Foy
Making investment in Warren, MI work
First off, sorry to all who had to read my past whiny posts about my property in Warren, MI. This is a reason why you let emotions temper down before opening your mouth or typing on a public forum. Here it goes. I hav...
Michael Slabitcher
Does a wholesaler in New York need both a real estate attorney and a title company?
Would a wholesaler in New York need both a real estate attorney and a title company to perform transactions? If I pay a real estate attorney a one time fee to write up contracts, can I deal directly with a title co...
Aaron Phillips
Asking "Is there anything left that is owed on the property?"
I have been talking to homeowners who are selling rehabs, properties in distress, or properties they just want to get rid of at least 3-4 a day now. I ask the same question to each and every potential seller I encount...
Sabina Hasan
FHA Asbestos safe for child
Hi,I purchased a old home under FHA 203K and it was approved but I found out that the whole siding is wrapped in asbestos shingles and that the Radon level in the basement is 30 psi which makes it only 10 psi on the 1...
Brett Bumgarner
How Do I Structure Private Money Line Of Credit?
I am trying to figure out how to structure a deal with a family member and was wondering if anyone would have advice for me. My uncle wants to invest in real estate with me and has a lot of cash. He is willing to...
Jim Tiernan
Letter from Chase Bank, LLC name can't be on insurance
Anybody else have this happen? I bought a rental in my name, then transferred title from my name into my LLC and also changed the name on the insurance to my LLC. I received a letter from Chase saying "the name on the...
John Geldert
How to decide lien position with two private lenders
I have found a deal and it will be purchased with a partner as a JV. Now if we both bring in private money how do you decide who gets 1st or second position? I currently have an LLC in which the house can go under. A...
Mike Conner
BRRRR turned to Flip due to high interest rates
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $157,000
Cash invested: $35,000
Sale price: $255,000
This was a purchase at the foreclosure auct...
Ashley Andrews
Tax Pre-foreclosure
Hello everyone,I am new to tax foreclosures. Any advice would be greatly appreciated! I have came across a property that has been abandoned for 2 years. It needs a lot of work, but has great potential. The owner has n...