Dave Katz
How to put a 2nd DOT on a home?
I am wholesaling a deal in Boulder Cty Colorado and the Buyer wants to give me a portion of the assignment up front, but give me the rest after he rehabs and closes on the final sale to owner occupant. He suggeste...
Laureen Youngblood
Short Sale - Owner owes less than property is worth
We have a very motivated seller on a Foreclosure property. We have a settlement statement from the bank. We want to offer less than what she owes, (obviously). Question is, her settlement statement includes all of ...
Kris Copeland
Investor Friendly title company
On my 2nd wholesale deal but the title company insist on putting assignment fee visible to seller. I heard from different podcasts that only buyer should see fee. Should I search for different title company or have re...
Desmond Alexander
1% Down Quicken Loans Could work for 1st time Investor
I ran across this today. I am not sure about all of the details but this could be a great way in for a first time investor. what do you ladies and gents think? Any vets have any advice about this?
***Quicken Loans i...
Timothy Allen
Pre-paid insurance for portfolio loan
Is it typical to have to pre-paid a full year of insurance on a portfolio loan? I was told my closing cost would be 5% but after receiving the itemized list of everything included it’s more like 15%.
Sachin Amin
Tax deduction on rental property expenses (Tax season 2021)
Hello BP community - i was looking at IRS website to see if I can deduct closing costs for all the properties i purchased in 2020
Ref: https://www.irs.gov/faqs/sale-...
FROM IRS Website-----------------------------...
Jesse Ramirez
Should I hold the end-buyers hand through process after assigning contract?
Here's a question I'm not sure I've seen answered here before. After I have a contract assigned and the fee paid upfront, should I hold the end-buyers hand throughout the "closing" process? Also, once the contract is ...
John Harding
Is it possible to purchase your own non-performing note?
Does anyone have any experience with Kondaur Capital Corporation? They are looking to sell non-performing notes in my area, and a friend has two properties that would fall under this category. Would she be able to ...
Erik Logan
Legal Advice regarding a rental RE Agent
I have a close friend of mine who was referred to an agent local in Dallas to find a rental house for him to live. He recently received a $120k medical settlement. Hes a little slow and doesn't understand business. ...
Nigel Delaney
Is Well's Fargo Obligated to Give Preference to Owner Occupants f
Wells Fargo seems to pretend they give preference to owner-occupants, but this seems to be smoke and mirrors. In particular, there is an REO home for sale in my neighborhood that my wife and I would like to live in, ...