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So the seller still owes money on the mortgage, should I still put the home under contract or should I wait till they pay that off?? And can I still close a deal if they still owe money on the mortgage??
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Is this Deal Profitable? How to Determine:
Step 1:
o Identify the Deal Strategy Fix & Flip, Rental (Buy & Hold)BRRR (Buy,Rehab,Rent,Refinance)
Step 2:
o Determine the ARV (AFTER REPAIR VALUE) – Use ...
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Hello,I am looking for recommendations for a RE agent in the East Haddam, CT area. I am trying to find an agent to list and sell a property that will be sold "as-is" and will not qualify for bank financing. Ideally th...
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to avoid the stress of having to identify replacement property within 45days after close of escrow of the property you sold thru a 1031 deferred exchange....can you be creative, set up a new entity now to purchase "r...
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Hello,I came across something today when preparing my marketing list. I noticed that there were more than a few owners for properties where the address was actually the name of the LLC. For instance it would say owner...
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Selling a mobile home on owned land that I hold a Florida tax deed on. Had a buyer ask me about the mobile home title. At the tax deed sale, you get a tax deed for paying unpaid taxes and fees. The mobile home w...
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Hi,I've identified a property (forclosed then failed to sell at auction) currently owned by Fannie Mae according to the tax records. It is not listed on the Fannie Mae website. I also read they only accept offers f...
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If I like the numbers on a house; Purchase, Renovation costs and After Renovation Value what pitfalls should I be thinking of if I can get the owner to hold onto the house until after I renovate it? I view this as sim...
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Hello,There are some townhouses getting built in Orlando with the option of a down payment first then the rest as they are getting built.Would this be a good investment ? Also my idea would be to resale before they ar...
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There is a house I've identified as a possible house-hacking opportunity. It's great in many ways.Pros: Good and safe neighborhood, close to a country club, close to decent schools K-12, large lot and livable space. G...