Alexander Straffin
First Property: Purchasing from Family Member
Hi All,I am working to purchase my first investment property (single family home) located in Vermont from a family member.The home is appraised at roughly $50k more than purchase price. I have been working with Rocket...
Vishal Amin
Private Lender wants to invest with all cash
Hi BP Community,
My private/hard money lender want's to invest with all hard cash. I wanted to know if anyone has dealt with this before. How would the process work? Sending the money to the title company? Can I conv...
Luke Grogan
The art of the deal - How do I get this one done?
Help please! Any ideas are appreciated.I'm trying to bring together a purchase of a package of SFR in a commercial blanket loan. The problem lies in my not having enough cash for the full 25% down payment required. Si...
Account Closed
Can anybody recommend a good...
Can anybody recommend a good Closing Agent in Philadelphia??
Danny Day
What do you budget for closing cost?
Wondering what everyone budgets for closing cost as a rule of thumb. I know this can vary based on county to county, who pays title policy, etc. but I'm wondering generally what do you use off your head.
3%, 5%..7%?...
Chavdar Kehayov
Quitclaim deed to LLC and refinance question
Hi guys,
I have a couple of properties on my name and I am planning to quitclaim deed them to my LLC. What makes me confused is I’m planning to refinance them after couple of months. What it is going to happen when I ...
Gary Headrick
AAG experience with payoff.
Had a private mortgage with a client who wanted to do a reverse mortgage through AAG. Took 3 weeks for them to close the loan after they had all the information. Additionally it took 4 days for me to get my money with...
Derrick Strope
Will a Lender do this?
Currently negotiating a deal for a pair of duplexes, offer will be 300k for both. Subtracting the costs of the mortgage, property management, repairs, vacancies, propterty taxes, etc each door will cash flow $200/mo...
Matt M.
HOA and First Right of Refusal Problem for Cash Buyer
Friend of mine is trying to pickup a condo deal here in Colorado. The HOA's members have first right of refusal. The unit has a mold problem & needs a full rehab. The problem is that if other members see the agree...
Mel Smith
Pending sale with lis pendens
Hi, I am the seller of a house that has a lis pendens on it. The lis pendens will be removed once the house is brought up to code (demolished or rebuilt). I have a sales agreement with someone that was signed a mont...