Michael Lerch
Setting option purchase price above appraisal?
11 February 2014 | 12 replies
I'm just worried the bank will see the price tag at $145,000 and not take their option fee into consideration as a down payment.
David Laplante
Newbie from Montreal, Canada
12 February 2014 | 10 replies
Welcome to BP @David LaplanteJust put an @ sign in front of the the name you want to mention and start typing the name, at the bottom of the page you will see the persons name appear. click on the name and it will auto insert the name for you.
Andy B.
Landlord supplying utilities to Tenant
12 February 2014 | 9 replies
I just don;t see the benefit for the Landlord since the Landlord has to set up the utility account, pay the bills and then calculate how to charge the tenant (or read the appropriate meter) and send a bill to the tenant and pursue collection.Can anyone help me see what I am missing?
Daniel Watrous
4 Single Family Homes on 1 Lot
17 February 2014 | 2 replies
Against 5940/month in income, I see the follow expenses. 25% down on the mortgage.
Barry Ratliff
Is there a law against buyer obtaining seller short sale approval letter
13 March 2014 | 7 replies
The reason is the buyer wants to see the time line to act by and if there are conditions tied to the approval letters such as the seller showing additional documentation to the lender or agreeing to a sign promissory note for deficiency etc.The buyer is looking at how CLEAN the short sale approval letter is.The seller doesn't have to share the letter if they do not want to but the buyer can also squash the deal and cancel and move on as well.No legal advice and I have no clue what the seller and buyer signed in this agreement.
Daniel Rubin
Dealing with unmotivated callers
13 February 2014 | 23 replies
@Daniel Rubin, Best way to handle the phone calls when someone says to give me a price you say when can I stop by and see the property, and once you look at the property tell the seller you have cash money and can be closed in seven days with no continuances and my offer is XXX.
Jack Nguyen
Properties On The Market for more than 90days
3 January 2015 | 1 reply
I want to buy more properties and going to put a lot of OFFER in on "Properties On The Market for more than 90days" (I have work with couple of realtors, and none of them want to write too many offers at 25%-30%OFF or offer without see the property....and now I want to write my own offer).
Roy N.
Unable to see posts more recent than 2015.01.03 @15:30 PST
4 January 2015 | 6 replies
I see the recent forum post listings, but when I enter a thread, the most recent posts - including my own - are not there.If I go into my profile and try to access one of my recent posts via the link there, I still cannot see it.
Ben Whaley
Oklahoma City House flip - first timers
12 June 2017 | 29 replies
This time I think we'll be able to do it through a conventional loan (fingers crossed).You all can see the fix&flip images and process in our FB page called DECODE LLC.Happy new year!
Robert L.
Retiring from a portfolio of rentals
4 January 2015 | 12 replies
I definitely see the logic in looking at multi-family.