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Can anybody help me with a template to submitt to bank for REO's homes
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Hi All,I am from NJ and looking a to buy a property in Sheriff sale. The mortgage being foreclosed is a senior loan. There are no other subordinate/junior liens. However, the property does have Property tax lien and H...
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Hopefully, I will save someone out there some money!! I signed up for a 30 day trial on a website called auctionflipperpro.com and cancelled my account prior to the 30 days so I would not be billed. Thought everythi...
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What are the restrictions around loaning money from a SDIRA to an LLC that I am the only member of? Does it change if the LLC has multiple members? I understand that interest paid on the loan will need to go back into...
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I have an opportunity to by a 6-unit property for $300K with a $240k Commercial loan and a Seller carry back of $60K at a 6% interest rate with a 5-year balloon. Carry back would be interest only payments for the 5 ye...
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Hey guys, First off I apologize if I am writing a wrong post at the wrong place. I have recently gotten involved with my family business & I am trying to make a difference. I am interested in learning more about...
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What would be a std. earnest money deposit for a deal I have to sell in Wisconsin?
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I've decided to form a single member LLC (I'm aware of the negatives in doing that). Since, as I understand, the operating agreement isn't that complicated for a SMLLC, does it make much difference if I use a (reputa...
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Hey Guys!If I go through seller financing with a 5 year balloon payment, does anybody with experience know how hard it will be to refinance out? I know there is an unlimited number of variables based on the individual...
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Hello my fellow investors.I am closing on my first rental property/ duplex in several days. Yes, it's an exciting time!Anyway, the current tenants' leases expire in one/two months. In case one or both tenants decide t...