All Forum Posts by: Brendan Beninghof

@Emmett McNulty and I have been friends for a long time but life took us in different directions for the last many years; as it does. In the last 6 months or so, however, RE investing has brought us back together and for this alone, I am thankful. Emmett has been a huge motivator for myself and has been mentoring me to do better in my own endeavors. Truly a great story that shows how important hard work and ingenuity are to succeeding in this business, but will certainly pay off in the end!

Thanks for the continued support, Emmett, and congrats on all of your success and growing family!

#keepmakingoffers

So, I am on the 1yd line closing on a duplex and my lender calls on Friday to sayt - "It's a White Buffalo."

When the Title paperwork was pulled Friday she found out that this property, listed as a duplex, is legally written on the title as a 2-unit condo...Which, apparently, don't really exist. However, at some point in time the FHA requirements were written in such a way that do not finance 2-unit condos; even though they will do a 1 unit condo or duplex...

I'm really trying to avoid putting 15% down as I would like to keep my money liquid and purchase more property.

Any suggestions would be GREATLY appreciated.

Thanks in advance,

Brendan