Richard Stephens
Mobile on land wont sell
8 September 2021 | 6 replies
Hello all BP's community,need some expertise advice/answer please as to why our 1996 Palm Harbor doublewide mobile home with an extra older 3-1 mobile on the 1/2 acre of land.In a highly sought after $300k-Mega Millions lake area and were the only mobile within miles and being on the market for 70 days can not sell.Had buyers attempt a loan and were denied for having a second mobile on property,then the lender said will approve if remove 2nd mobile within 2 wks. of closing.Then buyer paid for an inspection that i feel would of killed any deal,(60 pages of negativity,down to a door stop missing)next thing we know we recieved the buyer's $300 earnest funds.Do you feel the inspection killed the deal or do the lenders just dont want to loan on the mobile homes market in general is my primary question.
Amy Airheart
Assumable loan?
8 January 2011 | 12 replies
A buyer could have $1M liquid, perfect credit, know what they are doing, etc. and the conforming lender can deny the loan because of experience requirements.
John Magana
Early payback with creative financing!?
21 August 2023 | 5 replies
They get their capital back sooner instead of more interest. 2) Be careful if this involves a senior or someone you could be seen “abusing” there isn’t a sane person in the country that would take 10% down, 3% interest, 30 year seller financing for 25% off list price.
Mark Hua
Buying a second home and investment property 5 months apart
18 April 2021 | 1 reply
Investment property can go commercial loan if residential mortgage lender denies your loan.
Haven Ousley
Starting with low income/W2 history
5 June 2021 | 4 replies
. ($1-$1.5k a month) I’m serious about real estate and want to own a rental/multifamily by this year.My credit is 700+ but after applying for a FHA I was denied due to insufficient income history.
Harita Konjeti
Tenant does not let me walk through or fix issues
28 July 2023 | 32 replies
I fail to see how you could be denied entry legally.
Adam Olguin
Utility Easement - American Electric Power -
20 August 2023 | 3 replies
Of course I could also see a claim being denied because through a visual inspection of the land the existence of a utility easement might be obvious.
Matt B.
Side jobs/hustles to generate income to use for down payment
30 August 2016 | 6 replies
There's no denying that.
Callie Edward Muckelroy
Basement Laundry Room Access
22 August 2023 | 9 replies
If you are having this much abuse, would expect that coin-operated types would always be broken by users trying to bypass coins.Even if you use a code-based keypad door access, what's to stop tenants from sharing it?
Diane Huetter
Tenant Refusing Entry for Showing to Prospective Renters
22 August 2023 | 3 replies
Texas standard residential lease states something similar to this: 'if landlord or agents are denied or not able to access the property after first attempting to contact tenant, lanlord may charge tenant a trip fee as stated in paragraph 15.'