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There are Five important points regarding Short Sale Double Closings (A to B; then B to C): 1) Necessity of Title Insurance for the A to B transaction; 2) Necessity of Disclosure to Short Sale Lender ("SSL"); 3) Neces...
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Good evening,
I have been dealing with Real Estate for over 10 years and personally investing for over 5 years. I have grew my portfolio tremendously in the past few years with a $1,000,000 in equity BUT I have been...
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Hi Tax Pros,I'm a mortgage lender. We kind of have a love/hate relationship, but I'm probably never going to ask you for any sort of letter "guaranteeing" that Sally's business is "guaranteed" to make $X00k/yr for the...
Hi BP famiglia! I am a first time home buyer and looking to purchase a multi family home - live in one and rent out the other. Is it better to apply for FHA loan and put only 5-10% down vs conventional 20% fixed loan ...
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Hi all,So I'm preparing to rehab houses in the next year. I'm currently enrolled & working on the courses to satisfy educational requirements to be a RE salesperson in Texas.In one course, it stated that a busines...
I've already lined up a property to purchase in 2025 for roughly $450,000. I am a full time real estate professional and my spouse as a state employee W2 paid job. I plan to keep this property for the long run and am ...
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I seem to get this question, or some variation of it, fairly often. "Which is the best bank"? "How much do I have to put down"? "Do I need to buy it as a second home"?
The answer to all of these questions is, it d...
I purchased a fixer duplex with tenants who pay $695/mo ea. Market is $1300/mo. in that Portland neighborhood. Their rent hasn't been raised since they moved in in 2012, and the units are in varying states of disrepa...
Hi everyone,
I am new to Bigger Pockets and I just started my investment journey a month back and I'm very much still in the educational/explorational phase.
I apologize in advance for the lengthy post but I really ...