
21 August 2015 | 6 replies
Somce we didnt have time to switch lenders as our contract is up the 28th, we had no choice but to stay with the lender.

4 October 2015 | 10 replies
I am only planning to buy a couple SFR properties cash from my SDIRA to rebalance my retirement portfolio and the Deltona property seem to be a good choice...

14 August 2015 | 16 replies
I use a line to buy and rehab then refinance to a traditional mortgage once the property is leased.

13 August 2015 | 7 replies
It'd be hard enough to close it in a traditional way.

13 August 2015 | 0 replies
Hey BP, When assigning your contact to your end buyer it is mandatory to put and/or assigns or can I have a clause like: example- "Buyer has the right to close in the entity of their choice."

5 September 2020 | 12 replies
Get a lawyer when you need a lawyer, but right now you do not need a lawyer.You have two choices (others of course):1.

13 August 2015 | 9 replies
I submitted my original offer on and AIR form and received pushback from the listing broker.They didn't have an issue with us representing our sleeves but did request we resubmit the offer on the commercial CAR form.After multiple email exchanges I picked up the phone and essentially told them the buyer, and entity I control, had made an offer on the form of their choice and it was within the scope of their fiduciary duty to present that offer to the seller, in this case a local bank.I was told they could only work on CAR forms because it was a mandate from their principal broker, and "require by their E&O insurance carrier".I simply informed them that their broker did not have the option to mandate the type of offer a buyer could make, and E&O insurance doesn't cover contract type rather it covers professional conduct.Reluctantly they submitted to the bank.

14 August 2015 | 12 replies
I used a traditional 20% down hard money loan for my first 2 deals and used my own cash for the rehab.

4 March 2021 | 37 replies
Typically, as Greg H. pointed out, FNMA will agree to a concession or a repair (you don't want them to repair if you have the choice).

12 September 2015 | 1 reply
I completed one deal using traditional (bank) financing.