Dirghayu Desai
Personal Guaranty on Commercial Loan
Can someone explain how personal guaranty works on a commercial investment? LTV is: 70/30 6 partners and each is ~16% ownerDo all partners have to sign a personal guaranty (PG)?If we sign a PG and the business can't m...
Solomon Woods
Newbie wholesaler in Chicago
Hello everyone I've been studying real estate investing for a few months now & I plan on starting out as a wholesaler. I went out with one of my buddies and he's a full time flipper. He showed me his properties &a...
Account Closed
Seller wants 75k through escrow and 75k cash to her
So I have a great off-market deal on the line, but have run into a head-scratcher.The seller owes 75k on the property to a private lender. We've agreed on a price of 150k. However, she's on social security and can't h...
Elias U.
Evict to Owner Occupy alternative (Los Angeles)
Hello All,I have a tenant in my duplex who has been living there for 10+ years. I want to evict the family to owner Occupy . For my eldest Son.The thing is this eviction will cost around $20K, since it is considered a...
Dominique Collins
What's the best way to add someone to a deed?
My grandparents want to add my name to the deed of one of their properties located in New York so all three of our names are on the deed with right of survivorship. There’s no mortgage and is currently being rented ou...
Vincent Plant
Early Trouble with contractor
I’m currently brrring a property for the first time. My first order of business is to replace the roof as insurance is requiring me to do it to maintain coverage. I went ahead and got 4 quotes, chose the guy who gave ...
Noyessie Hubert
Tenant not paid rent, step for eviction
Hi,I accepted a tenant at the beginning of December. Here security deposit and most of the first month's rent are supposed to be paid by NJ Victims of Crimes.Fast forward now:- she did not pay her rent of January. Kee...
Joe P.
Any title companies that will close without title insurance?
I am purchasing a vacant land property for $1500 and do not want to spend almost $600 to insure it. Does anyone know of any title companies that are willing to handle the transaction without issuing title insurance? ...
Scott B.
Deceased Homeowner- No will- Need help getting property
BP Family, I am a new member with a situation. I am trying to acquire a property is Raleigh NC. The homeowners passed away over 8 years ago, no dependents. Property went to the surviving family members (9 siblings and...
Jacob Beg
The Rogue Tenant and eviction Nightmare
Hi All- I have not dealt with an eviction for a very long time and I am dreading what's to come. The tenant is now in arrears for over $5600 and called today to shamelessly say that he is not going anywhere and won't ...