On the eve of closing (last night), the escrow assistant informed us that we need to bring additional funds to closing due to two affidavits that need to be recorded in the loan package, for which the recording fees were not collected earlier.

Depending on what campus you are near will make a huge difference and even more so, how close.

You only care about closing.

Account Closed the first thing you need to do is is find the source of the 1566 sqft.

Navy Federal, as an example, needs a long time to close and requires tax returns, but has a 20 year draw and a 20 year payback period…takes much longer than others, but that payback period is amazing.  

We are looking for properties in a B or C area with a B or C rating and most importantly, the investment property should have a value-add capability.Ideally, we are looking at properties between 50 and 200 units but if close enough and a win-win, we will to take a look.Contact me if you are a serious seller or Seller Broker/Agent.

I just closed an hour ago, 2 br, all in 55k, yes 55k, rent will be 1200, THATS a deal, and NO not a war zone, ARV about 95- 100k.

Not to mention closing costs.

It turns out is that they market the notes to a list of buyers, collected a fee if thier buyers closes on a note, I would get a fee.

Scenario: I have a weird scenario where a week after closing on a home a pipe burst in the second floor unit of a duplex I purchased in late January of this year.