Hello guys/gals im preparing to take my real estate exam in the next 2 weeks and im finishing up the class that im in. However, at this time im sick and can't go to class this week and in my time in bed resting im fin...
I spoke to my title company yesterday and apparently they will no longer do double closings. First American and Chicago won't do them and Fidelity and ORNT last I heard would consider it with an affidavit that the pur...
I have found several vacant lots in my local area that I am interested in. I have the information I need to send letters to the owners of said lots. My problem is that I am unsure of what to write. Do I send a one p...
I'm about to go under contract on a home zoned as R-8, which according to Redfin is classified as residential multifamily. It states that both commercial and multifamily uses are permitted. However, the seller claims ...
I have a partner willing to fund the purchase price and half the rehab/holding costs of a fix and flip. Is a shared appreciation mortgage the best way to protect his interest and make sure I'm not stuck with all the ...
Was working with the property management company for two years. Two months ago, I decided to cancel our arrangement with them. I had downloaded all of the ledgers from the online portal .
4 days after the relationshi...
Hi All, We're considering our first private loan and have calculated our costs based on an initial conversation with the investor. Our question is, from initial agreement through closing, what costs may we incur outsi...
I bought a 5 acre property through the tax sale in June and finally getting title work finished. The property had an a small house that was falling in but the well and septic on it are all good. The land by itself app...
Does anyone have experience with the BRRRR loans? I am curious if anyone is using this product to build their portfolio. What is the time period required before refinancing? How do you determine the rehab budget with ...
I had to post this for others to learn from my mistake. No matter how much experience you have, you will always be at risk of taking a lost at some point. My problem, I'm way to nice and give everyone the benefit of t...