
4 April 2024 | 18 replies
He was very system/process/automation oriented, enthusiastic, and well experienced.
3 April 2024 | 8 replies
This process has some problems: it takes a few months to get a response from the IRS and you have to submit a copy of the contract for the replacement property with the notice that the seller intends to complete a 1031 exchange.

3 April 2024 | 3 replies
Currently in the phase of buying my first property and needed some clarification if I’m getting screwed or not I’m in Rome, Ga and that is where I’m purchasing the home it’s a flip that was a 3 bed 1 bath but has been flipped into a 4 bed 2 bath the asking price is $214,900 originally 230k but the seller wants a quick sell my agent told me we should give them the asking price and ask for them to pay 5k closing close I wanted to ask for 190k and same closing cost but agent said they wouldn’t take us serious so I agreed to agents terms as I’m signing paperwork electronically I see closing cost is 17k since seller is paying 5k brings it down too 12k but being in Georgia I am approved for Georgia dream which covers closing and some of down payment now when I sign at closing I have to pay 6k I’m wondering why is closing 17k my friend bought a property his closing cost was only 10k granted he bought his property for 189k but I feel like my agent isn’t really trying to get me a good deal should I back away from this property, find a new agent, go through with this purchase, or am I getting screwed in the process?

3 April 2024 | 1 reply
Have tanent who paid rent for continuous 3 months ( June - sept) in 2023 but didn't pay rent for rest of the year and didn't leave the house and end up with eviction process, so for rest of 3 months of the year we didn't receive the rent.So in Schedule E form.

1 April 2024 | 6 replies
So I'm under renovations for my first property and I used a conventional purchase and renovation loan, not knowing how tedious the draw process would be for me and my GC, but saw it as the most convenient way to fund the renovations.Doing our best to communicate with each other to ensure a smooth draw (fill out work completed form, get inspector out, review from both HUD Consultant and lender, send for signatures, 3-5 days of processing).

3 April 2024 | 6 replies
Now she complained the issue of toilet fill valve which caused unreasonable high water bill and claimed it belongs to wear and tear and a plumbing issue.

2 April 2024 | 49 replies
Very limited so likely wouldn't take long to fill the unit again.

3 April 2024 | 20 replies
But as a loan officer I have not been able to successfully close due in part to the subject properties and in part due to the 203k process.

4 April 2024 | 32 replies
It's free for me, the only fee is for my tenants when processing payments.

4 April 2024 | 20 replies
This should be outlined on the formal quote, but most will have origination points and an underwriting fee (this is also referred to as processing or service fee too). 9.