Tim Silvers
Need estimate for a single performing note
Am putting together a seller finance deal where I would be holding a first lien position and would be looking to sell the note. Here are the following stats:1st lien face amount: $38000 Current Market Value of subject...
Tom K.
How to check for Liens
Hello, I'm interested in purchasing a bank owned foreclosure property that offers a Quit Claim deed. I was told by the auction company to do my due diligence and to check for liens. Can anyone tell me what exactly I ...
Clayton Smalley
Looking for input on previous primary residence.
I bought a 3 bedroom 2 bathroom house in Wilmington, NC in 2009 for $205,000. I had to move to Utah for work in 2014, at the time I would have had a hard time selling it and would have been upside down if I had. I fou...
Shawn Kostoff
Cash-Out Refinance from LLC to Personal Name
I purchased a rental property in Wilmington, DE in the name of my LLC on a interest-only loan from a family friend. I am now looking to do a cash-out refinance on the property and I am looking to do so in my personal...
Spencer Anderson
"Undivided interest" on foreclosed land
Hello folks! I have found a piece of property that has a Trustee's Deed in the chancery clerks office that has an "undivided interest" by 3 different parties. I chased court records concerning the property for a while...
James Miller
Airbnb managment
Hello, My wife and I found a property that is in a desirable vacation destination. It is not far from our house geographically but it separated by a ferry boat. We would like to find a way to have it managed and I ...
Evan Jones
Acquiring Loans for Investment Properties
Hi everyone,I'm a young guy in Tampa, FL and as of right now I currently own 2 condos and am looking to expand my property portfolio. At one point or another I have lived in the two condos I own now. With that said I ...
Lee Miles
Brick 6-Plex Downtown - Is This a Good Deal?
I've got a line on an off-market 6-Plex. It's currently fully rented, and the rents are much lower than market rents. 3 of the tenants are month-to-month and the other 3 are on a year lease. The sellers are aware of t...
David Jesse
Buy my first house under LLC?
I am looking into my first house. I am looking to buy a house in California which has a seperate guest house. I don't plan on living in California. My plan is to buy this house and rent out the main house, and maybe s...
Jon S.
Lending to an LLC or to individual
My local credit union bank officer informed me that they cannot lend to an LLC, unless I go through commercial lending, which will have higher rates, and may be tougher to get approved because I do not have 2 years of...