All Forum Posts by: Al Wilson
Al Wilson has started 1 posts and replied 1062 times.
Post: Seller lawyer contacted me, seller wanted property back! HELP!!!
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Agree. Consult your lawyer. Sometimes, no response is the best response. Good luck.
Post: Negotiations with Seller
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Agree. It's a difficult lesson to learn, but you cannot force a seller to be reasonable. Good luck.
Post: Alabama market
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Baldwin County is a seller's market from the Eastern Shore down to the Gulf.
Post: Legal structure for lending business
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
An LLC is what we use. Good luck.
Post: Do I need an LLC for a coworker to Invest in my Next Rehab Deal?
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Legal question for your lawyer. Good luck.
Post: Home Equity Vs. Home Equity Line Of Credit
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
HELOC is much more flexible.
We always set up the entity prior to signing a contract. Good luck.
Post: underwriters on short sales
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
The last short sale purchase we made took about six months. Good luck.
Post: LLC with a few investors
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
An excellent set of questions for your CPA. Good luck.
Post: First time Hard Money Loan
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
We never take a second lien, no matter what the terms.