Matt Gill
Newbie Short Sale Questions.
I am new to REI and Short Sales.
The property is in distress and needs 30K in repairs due to their tenants trashing it. I have been in good contact with the owners about purchasing the property for my business' offi...
Richard Chae
Steps for foreclosures
Hi all,New investor here with a question regarding the process of preventing foreclosures. At the moment I don’t have anything just wanted to know when I did so I don’t end up getting someone’s hopes up and now being ...
Reed Starkey
Joint Venture terms
A local flipper presented me with a house flipping JV opportunity. She already has hard money lined up, but needs me to fund the 20% up front and the rehab costs. She will be handling the contractors, so I will most...
Spencer Bowen
Excise Tax when wholesaling in Washington State
Dear Washington state wholesalers , I was just reading through the RCW on excise tax and found this little nugget below (RCW 458-61A-104 para (1)(b)). Can anyone help me understand paragraph 1(b)? It seems like if ...
Terrance Clark
Joint venture
I am curious on how joint ventures work when doing investing with contractors. I have heard to stay away from the idea but however a contractor we have been doing business with keeps asking to do a joint project. In t...
Marc C.
The NEW Dodd-Frank-exempt Lease Option Concept
The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...
Joseph Colon
DARN CONTRACTS!!!
If possible does anyone Know were I can receive a Florida Legal Purchase and sale and/or agreement to assign??
Matthew J. T.
How many purchase contracts do you need?
So basically what I am asking, do I need to do a purchase contract with the seller, and a purchase contract as well to the investor/buyer (with my new price)? and than soon after have him sign the assignment contract?...
AJ Wong
Jumbo Mortgage Rates set to drop as inflation data boosts market confidence
On Thursday we received encouraging inflation data making rate cuts almost certain by September or November.
For mortgage originators, real estate professionals and investors, the 4.65%-4.45% drop in the 2-Year Trea...
Jason Starvess
Lease Options: If Seller Wants Payments on Their Equity?
Im doing Lease Options. If the seller wants payments on their mortgage and also on their equity. I was told to give the seller 2 separate checks in this case. One check for the loan balance and one check for the mortg...