Do mechanic liens stay with a sheriff sale? If so, do they ever go away? Thanks! I'm in Ohio!
Background: I'm new to private money as an investor and want to make sure I understand the mechanics so I can build reliable models. Here's an example deal:I purchase a property for $235,000 and expect $50,000 in repa...
When do private lenders actually get paid? Say I want to buy a house that's worth 45000 to buy and hold. I need a 9000 dollar down payment. Let's say I get that from a private lender. When would they actually get that...
Hello all,
I have an investor friend who is retired and I was helping him to obtain a roof contractor to fix a leak in one of his properties. We contacted one roofer who came out and gave a written estimate for th...
Jurisdiction: IndianaI signed a contract with a guy in December. The contract stated that I would furnish $20k towards renovations to the house in my name. The work would be done within 60 days. In return he would rec...
Hello everybody, I would like to introduce myself as I have just began my REI education and understanding. I am a 22 year old mechanical engineering student who has one year left of school before I graduate. This summ...
I have a small time handyman who I had tasked to paint my house, install closet hardware, install finishing material, as well as paint the foundation of my house.
These items were supposed to be completed Friday and ...
I am going to try to keep this short. We are in contract to buy a property for $20k, it is probably worth $60k as-is and $120k after rehab. The current owner was quit claimed the property by a "friend" who had racke...
I'm potentially interested in purchasing property from a friend. The property has a lien against it from 2005. I pulled the lien info and attempted to contact the company, only it doesn't seem to exist any more. I goo...