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28 September 2024 | 0 replies
In my eyes, this project is as risky as it gets, even though the borrower was also a real estate agent that was waiving the listing side of the commission.
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19 September 2024 | 1 reply
Quote from @Robert Bell: As a private lender, we use reserve funds as a way to gage whether or not someone is financially ready to take on a real estate investment.
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27 September 2024 | 16 replies
Good luck getting them out if you want to sell or move in yourself.
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27 September 2024 | 44 replies
They were good about getting in touch with me for the docs they needed to get things going and setting up the LLCs.
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30 September 2024 | 8 replies
But, that is not always the right answer and you should speak with someone familiar with your personal situation to get advice specific to you.
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20 September 2024 | 24 replies
Hi All,I have been reading a lot of books and listening to a bunch of podcasts about real estate investing and I feel like I'm ready to take the next steps.
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27 September 2024 | 8 replies
Hello,I have a preapproval for 3% down payment conventional loan, as I own no property.Haven't found a house I like, I wanna be patient looking for my to live-in house, but I still wanna get a rental property where income covers all costs while looking for my own house.My question is, can I get a normal 20% down conventional loan for the rental, and then later I get a conventional 3% down loan for my house?
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20 September 2024 | 2 replies
I want to help my son and his fiance get a mortgage but we would need to co-sign.
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27 September 2024 | 4 replies
Failure by the Buyer to so notify the Seller and/or Seller’s Broker in writing, within the calendar days, shall constitute an election by the Buyer to proceed with the transaction.As @Nathan Gesner mentioned, an estoppel agreement is a great thing to get but I have rarely been able to convince a seller to get that from their tenants during a purchase and you could put yourself at a disadvantage when bidding on properties by requiring the seller to get this
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27 September 2024 | 15 replies
I often get asked "is this a good time to buy"?