Michele Carney
Tenant taking what she feels is hers
We purchased a home that had a tenant living in it. The previous home owner gave the tenant notice that she needed to leave prior to us purchasing it. When the tenant was there, the furnace stopped working & inste...
Jerry Bankhead
What the heck is a Covid-19 Overlay Guideline ??
I am missing something here. I am new to real estate investing, and do not completely understand all the ways a rental property can be financed. I am selling a duplex in Waco, Tx. The buyer and I signed a contract bac...
Account Closed
What a roller coaster ride REI can be!
Its been a crazy 2 weeks.8/22 - I was set to close on a house I was buying for cash. I had to wire the money to the closing attorney, but they actually sent me the wrong wiring instructions. Long story short, $14,000 ...
Pete Storseth
How does hard money work?
Ok. As a rookie I have a skewed vision of everything. However I have reado enough HML website claims to be utterly confused or enlightened. Which is it?If a HML will cover up to 80% of the LTV for a property, and I g...
Devin Amstutz
Could use info on transactional funding.
I think I might of figured out a way to get around needing a RE license to wholesale in Ohio and that would be transactional funding and just doing a double close with the funding money. I could use some knowledge fro...
John K.
Seller's financing - pro-rated rents?
Hi,
I am finally finishing the seller's financing contract (I am the buyer) and I have a question about pro-rated rents. The house is currently occupied, and I have read in a few books, that when you actually close i...
Manuel Sarabia
FHA 90 day flip rule. Does the contract need to be executed after the 90 days or can it be before?
Just closed on a home I can remodel in about 4 weeks. I was wondering if I can list on the market and get an FHA buyer before the 90 day rule. Or do I have to wait until the 90 days are up to get a contract signed? I...
Vinh Nguyen
Inherit tenant cannot leave and has not paid rent
Hi, my partner and I are getting ready to close on a triplex. Our contingency was that the tenant would have to leave by 1/12/21. However, he is a section 8 tenant and the city is having a hard time finding a new plac...
Jeremy Ferguson
Wholesale Question
I am fairly new to all of this and have been doing research over the past several months. Being I am starting out with minimal investment capital, I have decided to start out with wholesaling and have made a few conne...
Galit Garsiel
When selling a flipped house, do you get the money right away?
When you sell a house you've flipped, can you get the money right away, or do you have to let buyers pay mortgage, because nobody is willing or able to pay all the money upfront?