![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/208166/small_1621433284-avatar-barrettdun.jpg?twic=v1/output=image&v=2)
10 September 2024 | 28 replies
Since the seller is deceased obviosly they can't sign the deed as seller, so that's an indication that something is going on.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3100840/small_1723757676-avatar-marssie.jpg?twic=v1/output=image&v=2)
9 September 2024 | 7 replies
ALL contractors that sign up with them has to be licensed, bonded, and insured.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/38657/small_1706196176-avatar-josephvscorese.jpg?twic=v1/output=image&v=2)
8 September 2024 | 1 reply
Had to sign a buyer's agreement with our agent, who wants 3% commission.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2492282/small_1736815060-avatar-dillang2.jpg?twic=v1/output=image&v=2)
9 September 2024 | 12 replies
When you refinance a property as an owner occupied property, you are signing a new 12 month occupancy clause which means you need to live in the home as your primary residence for 12 months after you do the refi.Rates are on a downward trend and likely will continue to do so for the next 12 months so you may have time to refinance your loan in the next year or two into a fixed rate while you are still living in the property so if you planned on living in the home for 3 years, you could wait 2 years for rates to drop and then refi as owner occupied into a new 30 year fixed rate.Alternatively, you could get into a fixed rate now at at 5.875% on a 30 year fixed rate if you qualify for the "HomeReady" program (HomeReady is an income limited program that gives buyers a fantastic rate).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3066744/small_1720039639-avatar-karenh255.jpg?twic=v1/output=image&v=2)
9 September 2024 | 49 replies
We signed our first listing agreement 8/5/24 and the property is supposedly going to be vacant by 8/26/24 (same as Erin is saying.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2056414/small_1621517805-avatar-chads249.jpg?twic=v1/output=image&v=2)
7 September 2024 | 1 reply
Now, you need pages and pages of documents signed and notarized and you still are not sure if you are dealing with an honest person.There is certainly more than enough money in the investor arena to go around for everyone, but many people choose to conduct unethical business anyway.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2690352/small_1694623088-avatar-jarvaee.jpg?twic=v1/output=image&v=2)
7 September 2024 | 5 replies
Check the leases, when they signed, the rent, and how long they have been there.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2905656/small_1712526874-avatar-aprilb132.jpg?twic=v1/output=image&v=2)
6 September 2024 | 6 replies
It is to hold the unit for that person and you can charge any amount you like.I'd suggest charging a non-refundable one month of rent and if they sign the lease for August 2025, the holding fee is applied toward the security deposit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1159661/small_1695124646-avatar-tylerb212.jpg?twic=v1/output=image&v=2)
6 September 2024 | 3 replies
I want to make sure Im prepared with the correct documentation to rent out my condo and would appreciate all opinions if im missing anything: - I have the rental application- I have my rental property agreement that I will have the renter sign and make copies of and provide them a copy.- I have the statement of condition that I will have the renter sign and make copies of and provide them a copy.- I will have them provide a copy of their tenants insurance for my records. - Will provide receipt for first and last months rent.- Im thinking of not charging security deposit because of all the strict MA laws and just using the last months rent as a sort of security deposit, thoughts?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1921188/small_1694599743-avatar-jamesm1308.jpg?twic=v1/output=image&v=2)
9 September 2024 | 23 replies
Every time I enter into an agreement to purchase I have the following: Exclusive irrevocable possession and occupancy shall be delivered to Buyer, Buyer’s Assignees, or Buyer’s Agents at 5:00 PM on the date this agreement is signed by Seller, on the date of Close of Escrow, on ________________, 20______ or no later than ___________ days after Close of Escrow.I have collected my fair share of cash for keys in SS where the lender tries playing God.