John Barr
Creative investing on the low end homes
I currently live in San Antonio, TX and for those of you that are unfamiliar with the market here we have a VERY large below average and low end market. I have been an investor for about a year now and quite my job ab...
Mike Herbon
Sample PA and Assignment Contracts used in Michigan
I'd appreciate if anybody would share a Purchase Agreement and/or an Assignment contract that they like to use. Ideally looking for another MI wholesaler to share, but am unfamiliar with the differences if they exist...
Jason Vandermark
Another quit claim question
I know transferring title via quit claim deed can trigger "due on sale" however my question is if that happened could you just quit claim the property back the way it was to settle the "due on sale" clause?
Thanks
Account Closed
Washington State Real Estate Attorney Specializing in Wholesaling
Hello, I am needing to find a Washington State Real Estate Attorney who specializes in wholesaling. I would like to schedule a consultation asap and do a document review. I need an attorney who is immediately availabl...
Pratish Halady
How to handle leased solar system on rental property?
Hi Everyone,
We are looking to buy a property for rental and it's great except the seller obtained a solar panel from Solar City (SC) through a lease. The seller discounted the price of house a bit but asked us to tr...
Alvin Nazario
Owner occupy or invesment
Hi all! I'm just about done with Brandon's book rental property investing and I'm on my way to owning my first investment property. My question to everyone is this. Would you recommend I say this is my home and get a...
Jason B.
2nd mortgage to pull out repair cost??
In October I purchased a rental property and put in about $10-12k in repairs. The property is now rented and I net about $400/month on it. The question is do I take a 2nd mortgage on the home to pull my $10k out. The ...
Christy Tay
What to offer if you know the mortgage loan amount?
Hi Everyone,Still relatively new to REI. My question is, if you know how much someone owes on their mortgage and they are in pre-foreclosure, generally, what would you initially offer? Would you offer what the same am...
Miller McSwain
STR/MTR Rate Estimate from LTR Rent Rate
Are there any ROUGH rules of thumb for determining a STR or Mid-Term Rental from a Long-Term Rental rate?For example, if I know a property can rent long-term for $1500/month, can I do x2 ($3000/month) for MTR and x3 (...
Geoff S.
Gross income vs pre tax income
Some feedback please.
I am in the initial stages of refinancing my existing primary home mortgage and loc.
Lender verbally asked for gross income, current debt , home value info, etc. Numbers and credit were ok. Got a...