Grigori Lopezgarcia
How do I pay back a private money lender
So I am looking to raise capital to purchase a new rental property, and I have a private money lender that is willing to loan me the amount I need to purchase the property in exchange for a 10% interest.What are the w...
Dana Holland
Showing a house for sale with tenants occupying
My house is currently on the market for sale. There are tenants in until the end of this month. In their lease contract it states that they will allow the house to be shown to prospective buyers/tenants with 24 hour...
John Stanley
Legal/tax structure: buying outside the US
Hi everyone,I'm a US citizen living in Germany (with local residency). I'm looking at buying an investment property and need to decide whether to do it as a US or German company. Does anyone have insight into the pros...
Priya Srinivasan
Can I break the contract
I went under contract for a condo in N. Myrtle Beach site unseen and in due diligence till 02/24th. I went to see the house over the weekend and the view is interrupted by the new built which was not in the listing. A...
David B.
New Seasoning rules for cash buys?
Hi all,I have been using a credit line to purchase properties in cash. This gives me better leverage to negotiate with the seller. Then I refinance on the other side after Iv done repairs. Recently, I spoke with my le...
Karen Ortiz
When calling a Lender etc what types of questions should I ask?
My husband and I are ready to take action, and are ready to talk to lenders for our first deal. What type of questions should I ask, and what information will I be asked?
I would appreciate any information.
Thanks!...
Account Closed
> SELLER CONCESSIONS or LOWER SALES PRICE?
The Seller is not being asked to bring a separate check to closing to pay the Buyer’s Closing Costs. This is a very common, simple Paper Credit at closing. Keep in mind, if a seller is willing to discount the price e...
Curtis Denny
Deposit return
Hello all, just closed on a tri and lo and behold had a move out before I could collect my first month from him. He did tell me he would be out before the first, and he was. No forward address. How long before he forf...
Sean Gimpert
Section 8 Chicago suburbs
I recently closed on a 3 bed 1 bath ranch home in Romeoville, this is my second investment property in Romeoville. I want to use this house as my dive into section 8.According to HUD, a 3 bed 1 bath in Romeoville can ...
Rob Shah
SBA loan?
I live in chicago and was wondering is it possible for get funding from the SBA for an apt building I am interested in buying? Are the credit rules more relaxed or more stringent?
Thanks
Rob