Mike Mitchell
Quit claim deed signed by buyer at closing?
A fellow investor told me that he was using a tactic recently whereby he has the buyer sign a quit claim deed at closing. The seller-financer does not file the deed unless the buyer defaults on the note. The buyer u...
Jake King
“Wild and Scenic” river front prop. Anyone familiar with cons?
Hola, I recently submitted a buy proposal with my realtor for 1.5 acre water’s edge Smith River (NW CA) property which the owner is currently reviewing and is likely to accept. Raw land, municipal water hooked up, ele...
Joshua Goff
Moving to Austin - Lowest property tax areas? First time buyer!
I’m moving to Austin and my wife and I have intentions of buying our first home. I’ve been looking at property taxes and they look significantly high, unless I’m looking in the wrong areas. We will most likely rent an...
Zachary Jensen
How to split a deal with a partner
How should I split up the profits from a deal where I bring the deal and will manage the property and my partner will bring the money?
I’m hoping to do this for a 3- or 4-plex.
Bobby Esposito
New investor question!
Im 24 and beginning my search for my first property. Was thinking of the future and also would like to purchase a house for my self in the next 5 years. Does having one mortgage affect my ability to get a second for m...
Ebony Townsend
Multi-Family in Wharton Texas Appraisal
I currently have a fourplex under contract in Wharton, TX. Each unit is 2 bdrm 1 bath. All units are currently occupied and each tenant pays their own utilities. The property needs minimal work. There are no compa...
Chris D.
Need help - new VA loan - ground rent!
My borrower did a beautiful fix and flip in Baltimore City - got a contract where the buyer is getting a VA loan. New VA lender is in VA (boo hoo). Property has ground rent and we are being told VA won't fund unless g...
Patrick Devlin
Depot at Cary
Does anyone know what the final plan is for the old bus depot at Cary and Robinson in the Fan?It's currently being renovated and I know that they're putting in some commercial, but I don't know what they're doing for ...
Brie Schmidt
Becoming a priority to a property manager
I was talking with another investor about buying out of state. I said that I don't think someone should do it on their own unless they can scale quickly, therefore becoming a priority to the property manager. Then he...
Charles Worth
Home Equity Lines
Does anyone know if a home equity line on your primary residence goes against the 10 mortgages you are allowed to have?