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Results (10,000+)
Jake Smalley (Please Read) - Creative structure required involving Trust and family sale
17 April 2024 | 3 replies
Will states that upon passing, house is to be sold and proceeds divided 6 ways benefitting her 6 total grandchildren.Problem: 4 of the grandchildren and their mother still live in house, and have been paying as rent what can be afforded - about 1500/month.
Kris Haskins mortgage company rescinded the sale after the winning bid
17 April 2024 | 5 replies
On Monday morning, I get a call from the attorney's office telling me the sale was canceled and asked me for a mailing address to return the bank check.
Cole Stamer Ready to buy my first investment property
18 April 2024 | 6 replies
Mortgage News Daily is showing a substantial increase today after this morning's inflation data.
Mike Parker Self-managing in New Jersey
17 April 2024 | 2 replies
Good morning Joseph, Thank you for that information, I will speak to one of the guys I use for repairs and make sure he's good with being added to the forms. 
John Underwood The state of Hawaii may ban all STR's
18 April 2024 | 15 replies
In this morning's paper, a private contractor offered to donate 20 acres to Maui County for a landfill for a percentage of tipping fees.
Najeh Davenport Section 8 property do i or dont i renovate
17 April 2024 | 11 replies
Divide how much extra monthly rent the improvements may lead to into the $30k cost to determine how many months it will take to recoup the investment. 
Michael Goodman Help Look Over My Quick Underwriting
17 April 2024 | 5 replies
Threw this together in a windows notepad this morning quick, all figures are assumed and have not contacted anyone yet for specifics.
Rojelio Raymond Ayala Introduction to BP community.
16 April 2024 | 7 replies
Good morning BP community.
Jorge Abreu Deal or No Deal: The Underwriter's Playbook ✍️
16 April 2024 | 2 replies
For instance, if a property worth $10 million brings in $100,000 per door, the cap rate is $100,000 divided by $10 million.To quickly size up a deal, I rely on the 1% rule: if the price is $100,000 per door, I expect to see at least $1,000 in monthly rent.
Sejin Kim How to make an offer and negotiate?
16 April 2024 | 18 replies
Add that to the DP (20%), which actually means divide the maximum loan by 80%, and you have your maximum offer.I don't negotiate.