Sean J. Quinn
Interest Rate Survey on 30-Year Fixed Loan
3 April 2018 | 2 replies
I was quoted 5.75 this week, 30 year, 20% down.
Julia W.
Real Estate: Not for us?
28 February 2018 | 23 replies
With a 90k loan, our payment will be under $700, but we are expecting $1200 in rent.That renovation is almost done and we just got our 5th property under contract this week.
Matt Shope
Why use a realtor to make offers?
24 February 2018 | 8 replies
Brandon Turner recommends finding potential properties, running the numbers, and then placing multiple offers a day/week.
Llewelyn A.
Unable to Deliver Marketable Title Return of Earnest Money
24 February 2018 | 20 replies
Yes, it's a large sum, but there was a previous all cash offer on the property and Kevin, while he is using a Mortgage, offered a higher Purchase Price and a higher amount for Earnest Money to be deposited on Contract.The Check for the Earnest Money on Contract was made out to the Seller's Attorney Mike as Escrowee, so I am assuming that the Earnest Money had to be deposited into the Escrow of the Seller's Attorney.Kevin then Applied for a Mortgage at a well known Bank.Title was completed and an Appraisal was ordered.Sometime around mid-June 2017, a few weeks later, the Seller's Step-Sister filed a Lien of Rescission to stop the Sale.When the Appraisal came back, the Lien of Rescission was discovered, the Mortgage Bank added the Lien as a condition to clear for closing.A Civil Case was filed against the Seller and the Case was suppose to take place around December 1st.Buyer's Attorney and Seller's Attorney agreed to postpone the original closing from 45 days after signing the Contract on June 13th to December 1st day, documented in email.The Case was then postponed to January 29th, 2018.Along the way, the Buyer's Attorney got sick and developed ALS.When January 29th, 2018 came, the Seller's Civil Case was again postponed to April 1st, 2018.The Mortgage Bank issued a statement that the Mortgage Contingency was no longer valid and has expired.Kevin then changed Attorneys.
Lorenzo Caballero
Backing out of a deal
27 February 2018 | 19 replies
It has only been on contract for a little over a week
Bruce Lee
Indianapolis REI savvy Realtor contacts needed for 3/1
23 February 2018 | 2 replies
Experienced investor in other markets with 1 door in Emerson Heights will be 'boots-on-the-ground' next week - March 1-3 - searching for new doors & possibly a new primary residence.
Kelly G.
Lesson learned - food for thought . .
5 March 2018 | 13 replies
Rental in Ohio but had same issue with a tenant letting water run for over a week outside and not telling me about running toilet.
Josh Rogers
Help! Trying to sell a property. What am I doing wrong?
3 April 2018 | 8 replies
When something doesn't sell in the first week and several conversations with "investors" it means its overpriced in my market.
Stephen Walker
Qualifying for fha loan with income coming from 1099 misc
23 February 2018 | 7 replies
(I`m not making a ton a little under $500/week) My question is.. is it possible to get qualified for an fha loan at my age, with not a lot of credit history (Ive had a car loan past 3 years) working these sort of independent contractor jobs?
Sal M.
Cash out advice on rental property
25 February 2018 | 18 replies
If i put my house in CA for sale next week, it may close in 60 days.