@Jessica Tucker GrubbsConventional and institutional lenders use the lower of purchase price or appraisal.

@John Bianco is highlighting that essentially you’re “buying your rate down” @George Liu you’ll have that flexibility with any institution pending you’re dealing with a competent LO/broker.

Hi everyone, I discovered a major rookie mistake on my lease agreement with my current tenant who signed July 26th. 

Their investors are pension funds and other long term institutional investors, which is why it seems too good to be true.I know there's a mortgage interest deduction, but I'm not really swayed by it.

You can make your offer Subject To.( I Mark Pedroza make this offer Subject To Simon Ruiz being confirmed by the court as Personal Representative of the John/Jane Doe estate).This can be done while the process is continuing without waiting for probate to reach Final Distribution.As long as there is paperwork to show the bank regarding a possible sale the institution may balk at taking back the property.It would almost be like a shortsale.

This pushes cap rates down/prices up, and makes it harder to get a good return on your investment without getting creative.Many small but wealthy investors find a niche between institutional investors and small investors in an effort to find better returning opportunities.

https://www.npr.org/2019/07/16/742383753/suspect-arrested-in-death-of-african-american-museum-founder-discovered-in-car-tTenant in arrears arrested in murder of his landlord.

I only recently discovered this when I looked at the Zillow "sold" listings.

I discovered BP about 5 years ago and I thank God I did. 

I’ve worked with a few institutions and there isn’t a bare minimum that they are looking for you to by.