Brendan Lawrence
Subject To Financing, In Order to Attain "Equity" For Hard Money
Hey everyone,I understand how "Subject To..." financing works....or at least the gist of it. My question is, say I find a house that appraises currently at $200k, but I sign a subject to contract for the remaining $1...
Jack Pagliarini
DFW boots on the ground Feedback from a local hard money lender
Hey all, have not seen any posts regarding this - thought it might be useful for investors using hard money and those interested in hearing another perspective on the local market. ***Please note. This information is ...
Victor O.
Buyer Recourse for Ernest Money
Hey BP!My very first post here! Anyways, here goes. I think I already know the answer, but figured I'd double check anyways.My question is with regards to how Ernest Money is to be handled in a specific situation: An ...
Kris Haskins
Finally happened, my tenants took my stove, frige & washer/dryer
Had a tenant move out last week and seems like they got me. They've been good renters for 3 years and when they moved, I guess they just felt like I owed them a favor. They blew my phone up over the past few weeks t...
Susan Tan
This last step is tricky: Refinance! Can I do refi w/o a W2 job?
I'm a self-employed real estate rehabber doing BRRRR for the first time. I do not have a W2 full-time job this year. When it comes time to do the last "R" or refinance with a traditional bank to pay off a hard money l...
Josip Galic
getting funds for my next property
I bought my first rental property this summer and its been rented out pretty much since it was listed on my management companies website. The income is great and I want to get another property asap. the city that Im l...
Sam Erickson
Successful Sheriffs Sale (Was the only guy there!)
I successfully won the auction for a property that went to Sheriffs Sale in Racine County. The outstanding balance was $116,900, however the open bid was $124,167. This caught me a little by surprise. I had watched...
Marc S.
Escrow Question for 1st Property
Good evening BP, I have an escrow question.
I will be closing on my first property next week and although I am nervous and freaking out still, I am excited! As I'm sure everyone felt when they closed on their first ...
Tiffany Miller
Motivated Seller Owes Back Taxes
I am waiting to hear back from my attorney, but I would like to know the opinion of some of the seasoned investors on this site.Long story short, this home owner inherited the house that he wants to sell. He is out of...
Mark Nagel
Right of Redemption on REO?
So, I'm still really new here and I'm putting in an offer on an REO through a wholesaler.I know there is a right of redemption on foreclosures in Kansas (12 months), but does that apply to an REO, or once the property...