Guys, here’s an interesting debate on one scenario below and I am curious to know what’s your take?The settlement was completed on Friday, January 18th but the property didn’t get recorded till on Tuesday, January 22n...
Does anyone have a resource for an entity that can perform a quick short term refi? The property is a legal 2 unit in North Center (Chicago)...a half block from Coonley Elementary. It produces $3,900 mo. No current mo...
Hello!I'm buying a house from sellers post-foreclosure during the redemption phase. We're scheduled to close tomorrow. We've got the settlement statement from the title agent. We've arranged for funds to pay for the ...
Hello,When a property is sold, who pay the taxes, the buyer or the seller?
Hi Everyone,
I am closing on a MF property in NC in a few days where one of the tenants are being evicted by the current property manager. The property manager won the eviction case couple months ago, but the tenant ...
Hi there, I am currently purchasing a property in GA and looking at the closing disclosure report from the bank & I’m trying to understand if the seller credit will mean I’m getting a check from the seller or will...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $107,000
Cash invested: $7,932
Sale price: $107,000
$107K Purchase price. $28K Rehab. $175K ARV. Rent $1550/mon...
I am interested in a Fannie Mae property in which i would flip. I believe they have a 90 day deed restriction in place. Is this correct? If so what is the shortest time frame you could flip a fannie mae property? Coul...
If there are any still doing business, how are they closing deals if not the face to face business transactions they normally do?
Hi,I am wondering if there's other financing options to close wholesaler's deal besides cash? Will bank finance this type of property? I know this particular deal has discount based of the ARV that I calculated. What'...