Hello Everyone,Can a bank approve a short sale LESS THAN offered price?Is it mandatory, for the listing agent or seller negotiator to submit the purchase agreement to the lien holder bank? In other words, does bank ne...

Hello,I have a redemption lead in the pipeline. The house is listed to two persons. One of the parties has left and the other person lost contact with them. If I redeem the property do both parties need to sign the pu...

Hi everyone.  Which case would be better for you if you were the buyer?  To record this property sold at $50k or at $110k?Case 1:  The seller wants $50k in his pocket after COE.  He owes $60k for a lien on the propert...

Hey all, I'm in the process of making offers on out of town units for STR. The market I'm buying in is very hot and one has to jump quickly to get under contract. As such, I'm having to make offers even before my loca...

Do I need to do anything besides show POF?

Hello BP!!

During some research I have came across Dodd-Frank and SAFE act regulations with seller financing. As a new investor should I meet with a RMLO and/or Real Estate Attorney:

Before I start maki...

(I wanted to start this thread separately to avoid hijacking another thread where this subject came up. The topic is important enough to warrant further discussion.)
As @Tracy Z. Rewey pointed out, there's a huge dif...

For transactions where a TDS (Transfer Disclosure Statement) is required, I'm curious if there is anything in the code/law which states the timeline for those disclosures to be made to Buyer? Obviously it would be in ...

Hello BP,

The number of wholesale deals I've been doing has been increasing over the past few months (took a long time). I found a 6-unit apartment building I think one of my buyers will like. For those of you who wh...

Can anyone tell me where I can get a sample of a wholesale contract? I did a search here on BP but didn't find any. Thanks,
Mario