Hello, I am looking into buying a Mortgage Note and have a verbal agreement with the bank. The property has been abandoned and unpaid for almost 10 years. I was hoping to buy the Note to be able to do an environment...
We have been under contract on a 4 plex for a couple months. After inspection I submitted a revised purchase offer that was $45,000 less than our original agreement. The agent is representing both of us. The agent tel...
I currently have 2 properties and plan to refinance both of them soon. I am a "B type" person and struggle with organization skills. I have one main checking account for my LLC to help separate it from my personal ban...
Hi, I was contacted by a seller in St. Louis, MO that wants to sell me a brick duplex that is cash flowing $1,250/m. I've never been to MO and have very little knowledge of the market. I have only done deals in Atlant...
@Nancy Neville
When we are little we say to others….”When I grow up I want to be a….”
DoctorLawyerBankerPresidentEtc.
Then when we grow up, we realize that in order to be all the above we need to have a plan. We j...
Has anyone had success in getting a property out of a flood zone after having work done to the property IE. raising a part of all of the landscape so that it sits above base flood plane?
Once this work is done there...
Hi all,
We have 2 properties on the market and will have a 3rd listed soon. When we get an offer, we want to make sure the buyer is qualified before we accept the offer and officially put the property under c...
If we have learned anything it is, no one is special. The confines of sensible business even extend to oil "rich" markets. They broke the buyers of their oil. Now we try not to buy their product no matter how cheap it...
The rate cut was no surprise. However, instead of cutting to a specific rate they have established a range of 0% to 0.25% for the Fed Funds rate. The Fed is running out of ammunition.
http://finance.yahoo.com/news/F...
Hey BP,I'm considering starting a property management firm that will only deal with my own rental units. This company will not own the rentals, because I do not want to trigger the Payment Due on Sale clause in the mo...