I know a rate and term battle could make a difference.. but what else should one look out for when looking at hard money? Examples are as follows...What is the LTV vs.. LTC of the loan? Do they need an apprasial or not? What are the hard cost to…
Read more…When is time “up” in a tax foreclosure? By Anthony L. Velasquez, Esq. My legal career has spanned 21+ years and the majority of those years have been spent working in the area of NJ tax lien investments and tax foreclosures. I have represented…
Read more…Do you all have any recommendations for Attorneys?
Read more…Hi do you guys have any recommendations for Real Estate Attorneys for closing?
Read more…CT
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NJ
AccoLend
Alpha Funding
Arkad Capital
Asset Based Lending
NY
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MD
Hardmoney Bankers
PA
Rehab Financial
A property needs a short sale when it is worth less then what is owed on the property. Simply said, if a property is worth 200k but the mortgage on it is 400k there are only 2 ways for the homeowner to sell their house.
The first way is for the homeowner to bring 200k to the table to sell the house for 200k, so that way they cover the difference in what is owed to the bank. This is usually very unlikely because homeowners don’t have that kind of money to lose. This being so the…
Whenever I put a house under contract to buy I always use the standard Realtor sales contract. If you ever read the contract you will see that it states you can not assign this contract. This being so, if you cross it out and put your initials on it and get the seller to do the same then the contract will now become assignable.
Along with the above, when putting properties under contract to assign I typically put “123 street name llc” as the buyer along with the words “and or…
How long would it take you to save 100, 200, 300k? Exactly… A pretty long time. Being so, to me knowing how to raise money is like having the ability to time travel. This being said, what does it take to raise?
First of all, raising is very easy. When you go to a real estate networking event typically half of the room is full of money. Its just, no one is going around asking you to take their money. Instead, what they are there looking for deals they can buy for themselves. This…
