Deanna McCormick
Is Bank Obligated to take our offer, we were 2nd highest offer, Ist buyer was disqualified?
30 March 2015 | 18 replies
To clarify one point the house had "frozen pipes / plumbing issue" so was offered AS IS.Because of that plumbing issue, a cash offer or rehab type loan was required, as the house wouldn't qualify for normal financing.
Giavonn R.
?What would you do???
30 March 2015 | 9 replies
Get a written opinion of the rental value from a qualified real estate professional.2.
Jason Henry
Proof of funds
10 April 2015 | 3 replies
In that case, go to the bank and ask for a prequalification letter that states how much you have been qualified for.
Griffin Ashey
FHA/Conventional loans for live in properties.
31 March 2015 | 2 replies
In order to qualify for the FHA, you will have to live-in a unit.
Girard Newkirk
Financing
31 March 2015 | 9 replies
if the property doesn't qualify for a mortgage then you are looking at obtaining and offering cash.
David Krulac
Housing starts are flat, Where's the Recovery?
30 March 2015 | 4 replies
Most of the new construction I see if for large apartment complexes.It would be interesting to see some stats for of those who don't own their own home how many could really qualify for a loan.
Darla Holtzclaw
1031 Exchange Scenario - Purchase a Duplex Live in one side?
31 March 2015 | 2 replies
When you sell in the future, the side that you live in will qualify for the 121 Exclusion ($250,000/$500,000 tax-free exclusion) and the side that you rent out will qualify for another exchange.
Rita Temple
FHA Loan and flipping first house
6 July 2015 | 11 replies
Hi Rita,If you can qualify for a low interest FHA loan, I would not waste it on trying to flip a property.
Account Closed
Buy & Holds Out-of-State Portfolios - Who has been holding for 10+ years?
6 April 2015 | 114 replies
My trouble is I'm not interested in having a tenant pool that mostly qualify as living at or below the poverty line.
Michael Kappel
Wholesaling as a Licensed Realtor
30 March 2015 | 1 reply
Just a disclosure i am not a lawyer nor am I qualified to give legal advise however thats what ive been able to dig up.