I just got finished reading Thomas J Lucier's Pre-Foreclosure Investors Kit. Any of you who are just getting into or plan on getting into the pre-foreclosure investing business should seriously consider reading this b...
I am looking for replacement cost value DP3 insurance policies on my first rental property. I paid 71,500$ for the property, and it has brand new roof, plumbing, electrical, and floors. I am being quoted for 171,000$ ...
Hi BP - I'm starting a direct mail campaign and want to know what are the exact next steps once a seller agrees to sell? Should I get a contract drafted by an attorney? Should I work directly with a title company? I w...
I am very concerned as the duplex I am closing on May 2nd has a tenant with a 1 year lease just signed a month ago but the seller won't provide the actual lease, and in the purchase agreement, the condition was to pro...
Is it possible to structure a deal where the seller contributes toward the down payment? For example, rental property purchase price is $30,000. Lender requires 20% down. Assuming the property appraises for $30,000...
Hi folks - I am closing on my first rental property (duplex) this Friday and have some questions about inherited tenants. 1. If I close on 9/1, which is also the day rent is due, how do I get the rent payment? I ass...
Great Saturday everyone!
I have a seller that have small loan took out last year at 6.5% and I'm trying to buy the property "subject to" and remained balance give him in cash. I haven't done this before an...
My wife and I just closed on our first home, which is a duplex in the San Antonio area. We'll be househacking and renting out the other side for about a year to satisfy the terms of our mortgage. In about one year, we...
Hey All,
I recently just finished reading an article in the Wall Street Journal about the continuing rise of renewable energy sources led by their increase in efficiency and drop in implementation cost. I live and do...
On my way to church this past Saw a House for sale in Concord NC. This house is a Split level Bungalow House built in the early 1900's. It is 4 bedrooms (possibly a 5th can be created) over 2300sqft. House needs...