
9 April 2020 | 1 reply
I signed a purchase agreement for a property about a month ago and am feeling a little uneasy about continuing with the purchase in this environment.

10 April 2020 | 3 replies
That anything is called high interest or high yielding in this rate environment always cracks me up.

13 April 2020 | 10 replies
If you don't have the Capital for a B class and you want to jump in, you may have to jump into a higher risk environment.

13 April 2020 | 39 replies
(fill in the blank). improper licencing of sub contractors. dangerous work environment. sub-standard material. inability to complete contracted work. fighting between sub-contractors............. and on and on and on.

15 April 2020 | 4 replies
@Joel Zwemer it is a tough environment right now for investment loans without a W2.

11 April 2020 | 5 replies
Also, you don't know whether the ARV will hold for 6 months in this environment.

15 April 2020 | 9 replies
plus i find it hard to beleive in the current environment.. as long as its a credit union or real bank.. if its a joker broker be careful you not being set up to lose up front costs.

13 April 2020 | 15 replies
You want to have cash reserves now to survive the bumps in this economic environment.

12 April 2020 | 8 replies
In other words, conventional lending happens in an environment where each party is acting in their own interest, not the interest of the other; the lender will want to see a sales price based on appraised value; the desire to provide a great price for a family member can get in the way of establishing a loan on appraised value, this is especially true if the purchasing relative has little or no down payment; family members may "gift" equity in a transaction to reduce the amount of mortgage money required, the lender must still be satisfied about appropriate value to protect their loan, gifts have tax consequences and IRS guidelines govern gift amounts. 9.Seller-Assisted Down PaymentsNonprofit groups formed in recent years offer down payment money to certain buyers; the payment is linked to a contribution to the nonprofit by the seller, but the pathway is not hurdle-free, assisted down payments may be barred in certain situations; simple and attractive way to secure a buyer who is otherwise qualified but struggling to find down payment money; nonprofit provision becomes part of the purchase contract; nonprofit receives the contributed amount, plus a processing fee, from the seller and sends the funds directly to closing as a credit to the buyer; the funds do not go directly to the buyer; sellers may be tempted to increase the price of their property to pay for the down payment assist.

2 March 2021 | 7 replies
She gladly obliged.My question(s) to the BP community is this: What obligation do we as landlords have to ensure our tenants are in a safe environment?