Steve Buchanan
First time raising money. What is the correct way to do things?
This will be my first time raising money from friends and family so I want to make sure I do things correctly. I'm looking to raise funds in exchange for interest payments to do some rehab on a property I currently ow...
Jeffrey Emery
What are the best contingencies to have in an offer to buy a lot?
I am buying a lot in Southern California to build a spec house. What are the best contingencies to have in the offer to protect me. Also where do I go to see exactly how to write up the offer? I am a mortgage broker b...
Shaun Hunt
What were they trying to hang anyway...a boat?
Its 2:00 a.m. and I am still filling in holes, hundreds of them. Why they needed to anchor things with huge screws and plastic screw holders anchored into the wall is beyond words.Quick question, do you charge by the ...
Account Closed
Can I require online payment for rent collection
OK I have an issue with one of my tenants. I had excepted them conditionally based on them paying online via cozy to rent the property and they are now saying that it’s not in the physical lease and they don’t “tru...
Mercedes Smith
Financing ADU rental for my primary residence
Hi Everyone! I have been lurking for a while and this is my first post. I have a steady full-time job that I love that pays well and I'm just looking to do REI on the side. I sold/flipped my last primary residence for...
Kristina Jensen
Does a gut-job ever trigger a Due On Sale clause?
Scenario:You buy an owner occupied property, then immediately start a full gut job renovation. Depending on permitting delays, labor/material shortage, COVID related delays, inspections, actual work conducted, etc., ...
James Nidiffer
Seller Financing a house that is free and clear
My mom owns a $200k house free and clear. She has a tenant in the house for the last 4 years. She is willing to allow my sister and me to use the equity in the house to seed our real-estate portfolio. We are trying to...
Eric Drum
Second Home Mortgage or Investor Loan... Please help!
We are currently under contract for a home that we are intending to use a short term rental (located more than 150 miles away from our primary residence). We own other investment properties in our local market and hav...
Aaron Carter
New member from Arkansas
Hello I'm new to the real estate industry... And my interest right now are flipping and wholesaling...and wholesaling with no money down..AND WOULD REALLY LIKE TO KNOW HOW TO GO ABOUT GET THE LEGAL PAPER WORK FOR CONT...
Vivek S.
San Francisco loan contingencies and justifications
Hi,Lets say I have a loan contingency for a house on contract, do I need to give a justification to back out of the contract based on it? I.e. I get a loan but some terms are not to my liking, can I back out without l...