Chris Allen
Selling Home on Sub-To
9 January 2025 | 9 replies
means deeding it back to the lender if they will accept it.. easier said than done they may want you to sign a prom note for any loss they could incure.. the thing to do is get the best cash offer you can then ask bank to do short sale if you dont have enough cash or equity to sell .
Christina B.
Lessons Learned: VRBO Pre-Approval is not for me (or most people)
20 December 2024 | 4 replies
If they're serious, I encourage them to send me the request which I accept (after I've also made our House Rules clear).
Brody Veilleux
“BRRRR” a primary residence
23 December 2024 | 24 replies
You’ll need to find a GC on board with the extra paperwork and a seller willing to accept a longer closing time.
Ryan Cousins
San Diego - Where to look?
19 December 2024 | 22 replies
Also keep in mind, terms other than price will play a role in getting you offer accepted too.
Matt Lopez
Buyers didn't show to closing, breach of contract
18 December 2024 | 2 replies
Duplex appraised 380 (super ****ing low ball) brings in an estimated 3,900 a month in rents. buyer agreed and SIGNED addendum to purchase at 397,500. day of closing they dont show, tell us they didnt know what they agreed to pay over appraised value and are trying to get us to accept 386k. my agent had me lock in our month to month long term tenant to a year lease for THEIR lender and now they pull this.. they have only 5k in escrow account.. my agent wont reduce his commission from 3%-2% to help bridge the gap. suggestions??
Ryan Duphorn
Mid term rentals specifically targeting traveling nurses
21 December 2024 | 5 replies
Even with a shared bathroom and living room, your place is likely much nicer than the average extend-stay motel, so if your rents are competitive, then you can likely serve this avatar.You may find that a 5/2 is an acceptable temporary housing solution for a family displaced after an insurable loss (fire, flood, etc.).
Shayan Sameer
Fix n Flip 70% rule
3 January 2025 | 45 replies
The key is ensuring that even with a slight deviation, there’s still enough room for a healthy profit after costs.Regarding hard money lenders, many investors use them to leverage their capital and scale up projects, even if it means accepting reduced profit margins due to interest and fees.
Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
Water penetration can also include roof failures or pipe bursts that allow water to leak into or damage your home.Either have the repaired area researched by your local expert and accept it.
Jake Andronico
Reverse 1031 Exchange - Who has done one?
23 December 2024 | 13 replies
Don’t accept any subject to offers since they will burn into your deal time.3.
John Underwood
Corporate transparency act blocked nationwide
26 December 2024 | 21 replies
The title company would not accept cash.