Michael Dunn
Minimum sales price of $50,000 and using a 203K loan?
I received an e-mail from a Lender I have been talking with, and was told the following ......" To determine the maximum improvements amount you will use 20% of the sales price.Example: If you sales price is $50,000, ...
Ashley Jackson
CASH BUYERS:
Hello, everyone! I am a new real estate wholesaler who hasn't done a deal yet. Currently, I am searching for properties to market to cash buyers. Although I am very green to the process, I want to do things in a profe...
Teresa Oliver
When patience and determination pay off
HAPPY NEW YEAR!Indeed, it is a great start to the new year for me.Just wanted to share a personal success:I have been searching for ways to obtain an absentee owner list for my direct mail campaign, but was having the...
Cain Wright
Property Manager in Coweta, Oklahoma
Looking for property management recommendations for a 23 unit multi-family complex in Coweta, Oklahoma. I currently manage my existing rental portfolio, but will be outsourcing the management of this complex. Any reco...
Mike Jones
Landlord policy for Condos
I will be purchasing 2 condo in the name of my LLC, And my insurance agent want to write a policy on which the LLC will be listed as the first Named Insured, and I will be listed as an Additional insured.Is that good ...
Jeremy H.
Under water - higher equity is better?
Doing some risk analysis.Let’s say I buy a property now and market value drops soon by 20% is it better to have less downpayment such as 20%. Or if it is better to have / had 40% (either higher down or big lump sum t...
Edward Westwood
Eviction process and military affidavit
I live in Maryland and have a tenant we are trying to evict due to late rent. I cannot get or currently have her ssn # or birthday. Judge asked for a military affidavit to show that she is not active duty. I cannot ob...
Brooke T.
Can I "Assume" the Mortgage/
Hello Everyone!
I have VERY recently started acquiring property through judicial foreclosures, where I am bidding on the second position and acquiring the property subject to a first mortgage/DOT ( and a 6 month red...
Linda Thomas
New tenant screening help
Hi everyone,
I wanted to know if I can reject an application for a potential new tenant if they failed to answer all the questions on my rental application that are important for instance: the below questions were l...
Jomaul Mason
Becoming a real estate agent to get into the game.
I am new to this and want some advice. I am a full time coach and teacher that wants to start my real estate investment journey. I am considering getting my real estate license to assist with learning the in's and o...