
31 July 2015 | 4 replies
One good thing I have noticed about it is that taking a longer time to acquire financing results in one of two good scenarios: 1) You go commercial, and do a bigger deal.2) In that amount of time, certain markets weakened and you can get back in for value-adds.

27 July 2015 | 6 replies
Each title company presents their 'offer to insure' called a preliminary report, subject to their interpretatation of status of title and their list of exceptions, if any, which are the 'fine print'.Generally, prior to a quiet title or other lawsuit requiring notice to other parties of interest (including creditors) a litigation guarantee is the product offered, naming all those parties that requiring noticing, including any government agencies.

15 December 2016 | 58 replies
Although #20 sounds like a great number, I've noticed on this forum that most investors seem to concentrate on having the most properties and units possible.

30 July 2015 | 3 replies
The waiver applies to all sales contracts executed on or after February 1, 2010, until 11:59 PM, December 31, 2014.FHA deems a sales contract to be executed when all parties to the contract have signed the contract, and the contract is enforceable under the law of the state the property is located.Mortgages that are made on properties in which sales contracts have been executed after 11:59 PM, December 31, 2014, are not eligible for a waiver of the regulation prohibiting property flipping.FHA will not extend the waiver beyond December 31, 2014.Section 203.37a(c) lists the sales transactions exempt from this rule.The exempt transactions include sales by HUD of real estate-owned (REO) properties under HUD’s regulations in 24 CFR part 291, sales by other federal agencies of REO properties, sales of properties by nonprofit organizations that have been approved to purchase and resell HUD REO properties, sales by state - and federally - chartered financial institutions and government sponsored enterprises (GSEs), and, upon announcement by HUD through issuance of a notice, sales of properties in areas designated by the President as federal disaster areas.The regulation, including its exemptions, is still in effect.Quick Links and ResourcesReview the Federal Register Notice (Docket No.

31 July 2015 | 18 replies
It's the title company or the closing attorney that would notice the deed restriction and hold up the closing until the 91st day.

4 August 2015 | 64 replies
@Kai Hicks I just noticed that you are buying turnkey in Jacksonville.

11 August 2015 | 1 reply
I can only see my previous 15 but did notice when I deleted one of those 15, an older one showed up.

31 July 2015 | 2 replies
Greetings BP!Someone whom I met recently came to me with an offer. They have a house they are closing on... and they need some $... and fast...I am new in this lending space... and he said he is new in this type of ...

7 August 2015 | 8 replies
One of the biggest things I have noticed is this: college kids don't really care if you just remodeled the house they are moving into...

30 December 2015 | 5 replies
We noticed a couple days after moving in that we had bites all over our bodies.