Craig Hordlow
Can You Unravel this Mortgage Fraud Scheme?
A few years ago I sold a commercial property to a buyer, and I'm one of eight plaintiffs currently suing him for fraud. He's currently being prosecuted by the DOJ for bank fraud too.I'm leaving out contextual details ...
Fahad Masud
New Investor, First Project, Looking to Grow Network
Hi guys,
I am about to close on my first deal in Koreatown in Los Angeles. It's a straight forward flip, we are actually rehabbing a condo located centrally and our underwriting shows us this should be relatively low...
Lauren Brychell
Unraveling the Nuances: Delaware Statutory Trusts vs. Deferred Sales Trusts
Investors seeking to optimize their assets, defer taxes on large capital gains, and secure their financial future often explore various trust structures to achieve their objectives. Two popular options that have gaine...
Chris Buckely
Co owner of lot in land trust can build and do 1031 exchange?
I am a part owner of a lot that is in a land trust. It is owned free and clear. I am selling a rental property and would like to roll the gains into a new property but like most not finding anything. Is there a way to...
Shella Sanders
buy house with reverse mortgage by company thats out of business
I found a house driving for dollars. and skip traced to find an elderly lady in an old folks home. called her and she said she would love to sell me the house but she did a reverse mortgage and doesn't know why the ho...
Account Closed
commercial loans for residential real estate
I was a commercial banker for over 20 years. I see some posts on here that are either against, adverse or just highlighting trepidation's about using commercial financing for residential deals. I'd like to demystify...
Leon Gallego
Embarking on a Real Estate Adventure: Navigating Wholesaling and Building Community
🏡 Hey there, real estate aficionados! 👋
Leon here, thrilled to be diving headfirst into this bustling community of property enthusiasts. Coming to you from the picturesque landscapes of Grass Valley, CA, just a stone...
Charlie Redding
Business operations with 3 investors
Hello all,I’m one of three partners purchasing a duplex. We formed an LLC but from what we’re finding out we can get much more attractive financing if we purchase the property in our three personal names. My question,...
Jim L.
below-market deals and "undue influence"
A sale contract can be voided, at the seller's discretion, if the seller was "unduly influenced" by the buyer. As I understand it, "insufficient consideration" (e.g., purchase price well below market value) alone can...
Lisa Monroe
Question Regarding Mortgages
How is it possible for a home to be built in 2007 but sold in 2004 for $600,000?
I am seeing alot of this in Florida when I search county records.