Let me just reiterate...I am a newbie! A co-worker and I are wanting to take the plunge together, and dive head first into REI. We have gone to the bank, a bank in which I have superb past business credit history......
We have an approved short sale and the listing agent just informed us that he will not sell it anymore. Our contract is valid, enforceable and past any contingency periods. Our attorney advised us to file a lawsuit an...
Hi guys,
I'm looking to buy a SFR out of state. I found a nice cash flowing property in Westwood, Cincinnati, OH. The catch is that is section 8, CMHA housing with a month-to-month tenant. I've read online that annu...
Putting an offer on our first rental property and my buyer's agent has put in the contract that her commission will be... "3% of the purchase price or the MLS listing price, whichever is greater." Is that typical?The ...
Hello All,First post on here, I am just getting started in the RE industry - specifically foreclosures. As a major part of my work, I need to research properties, and then skip trace the homeowner to make contact. How...
Are there any other benefits to putting a property in a trust VS LLC aside from when in a trust there is a beneficiary designated should the trustee pass away so it is clear who the property would go to.
I guess thi...
If you are considering buying using Subject To - Subto, it's important to know what your exit strategy is.Talk to a mortgage broker (not a bank) and ask if that is a property you will be able to get financing on in th...
I am in the midst of dealing with a wholesaler that has left a bad taste in my mouth for the wholesaling business, and am wondering if this is common practice.A little background: So, I'm trying to sell my house and ...
And good idea to give them back to tenants. The problem is the city is requiring a depreciation schedule for all components, not just personal property either. These forms are so complicated that an attorney is likely...
Hi BP Fam, Previously I mentioned I was onto a large deal that I thought would be an absolute killer. Well...turns out things don't always work out as planned. I'm not happy about the results on this deal that I've be...