David Howlett
Rules pertaining to REOs
I am following one piece of property in particular. Did some negotiating while it was in short sale but nothing came of it. Now the bank owns it outright, has it listed on MLS and there is a real estate agent assigned...
Rene Fernandez
Bank Reinstates Discharge Past Due Amount / Loan Modification
Hello,We are trying to refinance however, lenders are asking that we request a payoff or subordination of a lien held by HUD. We would like to know if you would recommend that we challenge the lien based on the follow...
Sieanna Ariel
Owner-occupied 203k Multifamily
If one is to go about real estate using a FHA loan specifically the 203k for rehab and purchasing, what will cover the owner-occupied expenses the first year? What happens during the one year period of occupying a mul...
Ryan Dossey
How do you rehab a home?
1) Hire a GC let him figure it out and just make sure he stays on track?2) Hire the individual contractors yourself and act as the GC?3) Go all HGTV and do it all yourself?4) Fill in the blank.The reason why I ask is ...
Almin Skender
Need Some Advice!!
Hello BP, my father and I bought a property for 28,000 about 3 months ago. A family friend loaned us 33,000 to buy the house and a little extra for repairs. We put an additional 5,000 dollars of our own money into rep...
Wendy Yang
Mold to Invalidate/break lease
Tenants moved in just for a couple of days. They then started to complain allergies/asthma and they said they suspected mold, although no mold could be found in the living area. They then ordered a mold inspection t...
Philip L.
Kitchen remodeling design, fixtures and installation
Just about to start a complete renovation of a rental property I purchased this week, one of the things the property needs is a new kitchen.
This is the first time replacing a kitchen so I have a few questions and ho...
Ernie Gutierrez
If I have Heloc can I cashout refinance?
Input requested. Thank you I have 150K equity in current home and just closed on Heloc and have zero balance on 75K HELOC credit line.Will I still be able to do a cash out refinance to have more accessible funds for r...
Derrick K.
Bank is bullying us to close
hello, I am hoping to get some help related to a sticky situation. This is related to a bank owned property which after inspection indicated there was black mold in the basement and first floors. The cost to remove ...
Marvin Michel
Planning road trip to visit cities. How to make the best of it?
Hello,I'm a newbie investor and I'm zeroing in on some cities in the Midwest that I'd like to make my first purchase in. As I'm not comfortable making a first-time purchase out of state without visiting the area, I de...