Huggy Baird
Sheriff sale auction purchase.. should I buy title insurance?
I purchased a home at an Ohio Cuyahoga County Sheriff's auction today for $46k. The comps are in the $110k area. The liens and taxes look good on the auditor and clerk of courts website. Nothing that wont clear up wi...
Frank Walton
short sale-important question!!!
If i have a signed agrement and i am in first place with my offer is it legal for the realtor/homeowner to accept another offer and send it to the bank and then try to get me to raise my offer so i don't lose the hous...
Tricia O'Brien
Any problem if I don't issue 1099 to handyman with job over $2K?
I recently paid a builder about $4,500 total for several projects at my rental home in Indiana. These were: building a new wood deck at back door, building new staircase in basement, installing a new window, repairin...
Tony Marcelle
What if credit dispute does not work?
I need to remove a negative mark on my credit report. I went through the WHOLE dispute process a few years back. Nothing happened. What do I do next?
Jay Jonez
Sub 2 - Seller having buyer remorse
I close a “subject to” transaction in July 2023. It was closed to a title company. I have been making a mortgage payments since then on time no problem.The old seller contacted me of course, when they were trying to...
Russell Gronsky
Basing CAP rate off projected income
Hey all,
So I was looking at a 10-unit multi-family property the other day online and it was advertising an 8 CAP. But when I ran the numbers, the CAP rate I got was closer to 6. When I asked the broker where the 8 CA...
Ricio Montes
Your RE Investing Advice Appreciated
Hi everyone! My name is Ricio, and I'm a new member here. Looking for some RE investing advice. For context, I am 34 years old, and I purchased my first RE rental property in SOCAL, in 2011 (it is my only property). T...
Emma Kellenberger
Subject To HELP & INFO
How to go about Subject To? I have an opportunity on a property from a family member but I would like to go subject to route. How Can I explain this to the seller? Pros/cons... ANY info is welcome and much appreciated!
Anthony R.
Beating the tax man (or woman)
So currently, I am 29 and for all intents and purposes, half of my income is from rentals. Also, the income from my rentals cover all expenses. This means that what I make working is mine for savings, other investment...
Aaron Yates
Lender offer for pulling cash on my property... am I missing something here???
Ok, So I have been speaking with Private Money Exchange about pulling money out of one of my properties.
Here are the numbers
Loan amount $23,000
Closing Costs $6000 - Taken out at closing
Cash in my hand at Closing...