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...
Mike Sattem
Seller is slow to release docs or allow me to speak with the property manager
Hello everyone,I currently own several properties and work as a Realtor full time, so I am pretty well versed in how income property transactions should occur, however I have run into a snag with the seller of an apar...
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...
Chris H.
Love Seller Financing
Investment Info:
Mobile home buy & hold investment.
Purchase price: $53,000
Cash invested: $5,300
Found this property through Marketing directly to the owners. It was her moms house which she has...
Shannon H.
Which is the most important items to write in a lease?
I have started thinking about writing up my leases so I'm prepared once we purchase our multi family. What phrases have been a safety or the most useful points you have used in your lease?
Nick Seville
Creative ways to being investing in 4-Plexes(Questions)
Hello,I'm new to the Bigger Pockets forums. This is a great community and I appreciate all of the knowledge that has been accumulated here.I am looking to begin investing, specifically into 4-Plexes. I'm trying to det...
David Littleton
How do you hide your profit from a seller in an assignment?
When you do an assignment, how can I make sure the seller doesn't find out what you're making off of the deal?
Mariah G.
First Time Under Contract - Estoppel Agreement
Hi everyone! I'm under contract for a duplex and I have about 10 days left in the due dilligence period. The inspection is in 7 days and I've requested an estoppel agreement via my agent in the meantime. My agent does...