Colin Reid
VA Letter for Conventional Loan?
13 May 2014 | 6 replies
Despite that you have likely provided two LES's to them, they may want a memo for record from your commander saying you are currently on active duty and that your ETS is (enter ETS if enlisted or that you can serve as long as you choose if officer).
Account Closed
Discounted Payoff NOT Short Sale
6 June 2014 | 17 replies
In a refinance this line gets a little blurry.It is important to note here, a short pay means a new Mortgagee will enter the picture.
Matt Vaughn
Lender's calling partner's money a "Gift"
21 May 2014 | 16 replies
If you loan me money which I then use as down payment, the first thing that happened is I entered into a loan with you (Senior) and the second is I gave a mortgage and got a loan from another lender (Junior).
Brandon Sturgill
Was There a Factor That Contributed to You Rehabbing/Reselling vs. Buying & Holding
21 May 2014 | 3 replies
Seems that I have entered the "grey area" where I could begin to head full steam in one direction or another...The main factor for me right now seems to be that the financing for future purchases is guiding my decision.
Bill Gulley
BP RELO, Blinding Flash Of The Obvious
25 May 2014 | 4 replies
If prospects were entered in a data base and assigned to an investor in the designated area that would start things rolling.If I knew that Tom and Sally were moving to Dallas in September I could enter what they were looking for in that area. 4/2-3 rental at 1,500 or a sale at around 130,000, whatever.I could prequalify Tom and Sally.
Andrew Dietz
Newbie College Grad moving to Florida
23 May 2014 | 7 replies
After 6 years of college, I'm very anxious to enter the "real" world and found BP to be an indispensable resource.While currently under a lot of pressure to find my first official job, I'm planning on moving to South/Central Florida as soon as possible to pursue an entrepreneurial career in real estate and investing.
John Krischer
Closing on a rental, what information/documents should we get from current owners?
23 May 2014 | 2 replies
We just entered into contract for a duplex rental property with existing tenants, want to ensure we get everything needed from the current owners that we may want/need, Thinking of things like the rental history, the tenants leases, the background check info on them, the documentation on any of the property fixtures (fridge, range, dishwasher, washer.dryer, etc) etc etcAlso, for any security deposit from the tenants that the owners have, best to have them return that to tenants and we get it from them?
Sydnie E.
Talking sellers in a short sale situation out of working with there current realtor?
2 June 2014 | 5 replies
Normally it wouldn't be in their best interest to enter some deal with you, as opposed to completing a short sale.
Jean Norton
Private Lender/Joint Venture Structures?
22 April 2015 | 3 replies
Since most deals flip in 90 days or so, my actual return on any specific deal is roughly 1.17% (for 3 months use of my money), along with origination points.From my flipper's perspective, it's in his best interest to properly compute the value of a deal before entering into it.
Todd Miller
Deal in Front of me and Can't Close the Deal
17 July 2014 | 27 replies
Have your dad enter into a purchase agreement with your that exclusively allows you to purchase the house for $60K for the next 90 days.