I've read how people create an LLC for their REI adventures and secure commercial loans versus getting conventional loans under their personal names. To my understanding the commercial loans closer quicker and are ...
An agent approached me about a client who is interested in my primary residence. There is a home a few doors down that just went on the market for 999K. I hired an agent to represent me in the sale of my home and ask...
Hello Note People. I just wanted to stop in and share some of my takeaways from the Note Buyer’s Boot Camp held by American Home Preservation in Chicago last week. This post might be useful to newbies like me thinking...
I have been renting out the top floor of a condo for 6 years now (different tenants over the years). Had a new tenant move in 5 months ago. This is in Virginia.
Today I get an email from her telling me that she's bee...
As I read posts, comments, reviews, etc about crowdfunding, I am increasingly coming to a swift realization. And it is that most people have hijacked the term "crowdfunding" and use it almost synonymously to mean "inv...
Feb 2019. Just purchased my first distressed note 2 weeks ago, started foreclosure this week. So far so good, and all the paperwork makes sense. Now it's just a waiting game. Won't know what rehab is needed until I g...
The short sale lender wants to close by April 15th.
Let's say I use bridge funding, that means the C buyer would need to close around April 18th.
My title company has told me that a land trust is needed. Reason:
So...
Good evening all. We are a pretty new HOA and we are having a meeting of the membership to determine some sort of criteria for the CC&R's. There are no specifics about what members can and cannot do, so we're gett...
I have an opportunity to purchase an off market deal, however I'm hoping someone here has dealt with something similar and can give some advice. The house is being sold by the daughter of the man that lived there. How...
Hello everyone!I am looking to get started lending out of my IRA. I looked into note buying, and while I really liked the idea, it seemed like having good access to notes was key and I don't have that.Right now I'm at...