Andrew Robbins
Private Money - when is it appropriate to actually get the money?
12 May 2015 | 3 replies
Having them give you the money to deposit into your account would not be a good idea.
Kennedy Williams
Looking to buy first multi-family
15 May 2015 | 13 replies
They ran my credit to see if I would be required to leave a deposit before they could turn on service.
Ivelisse Matos
My first investor oportunity
13 May 2015 | 16 replies
There is also the risk of a tenant causing damage greater than a years worth of rent and security deposit.
Kathy Miller
What is the best date to close when buying an apt bldg?
13 May 2015 | 2 replies
Make sure you also understand how your utilities are setup, weather deposits will need to be paid, or transferable from previous owner.
Anthony Bell
HELP! Can I do this deal???
13 May 2015 | 7 replies
The agent may also ask for sizable earnest money deposit and POF.
Carlos Enriquez
WA State lender won't loan me more than $801,000 due to LTV
15 May 2015 | 19 replies
High balance loans are in an entirely different ballpark than conforming and when you get into investment properties at that level...well, forget the ballpark, now you're talking about an entirely different sport.Just some two cents on coming up with assets for your down payment: Fannie Mae requires proof of source of funds if the deposit is made to your bank account within the past two months.
Roy Mitle
Backing out from a contract
14 May 2015 | 2 replies
If you file an offer w/o putting in earnest deposit, are you allowed to back off later on and not be liable - legally or financiallySay you put in offer and the offer gets accepted but no money has changed hands.
Bryan Hylenski
Have money, cash flow and collateral, but no lender!
15 May 2015 | 7 replies
In this podcast is discussed how difficult it can be to underwrite for foreign investors; however if you have income being deposited monthly, as long as you can provide the financial documentation to trace the money that may help the situation.