My friend just purchased a foreclosure. He's fixed it up and is now placing it back on the market to sell. He thought he was about to get an offer but when potential buyer called insurance agent, they told her it...
Hi everyone,I had a question on what type of information a lender usually requires from a borrower to evaluate his/her credibility. Is there a sort of checklist of docs/information that is necessary before applying to...
Completely by accident, I started a fairly interesting conversation about moral hazard, principal balance reduction, and mortgage payment incentives on Facebook.
Is there any easy way to "upload" the discussion on to...
Has anyone ran into this where Fannie is countering the buyer's offers on short sales waaay above what they will actually appraise at? Slightly above the appraisal value I can under stand due to the low inventory and ...
Hi Everyone!My husband and I bought our first home January 2020 and looking to get into REI. We want to start small just to get our feet wet with a friend and purchase a SFH, Duplex, or up to a 4 Plex depending on the...
Hi, I've been buying more of residential properties in the past, but I saw a mobile home park for sales and it looks interesting so I have been peaking at its financials and some data points on it. I noticed that thi...
I’m about to take on private money for the first time. I’m accustomed to dealing with hard money lenders and all their requirements and documents. My question is, what loan/notes documents should be in place with a pr...
I am in a Real Estate transaction in which the agent/ seller selected the services.I made suggestions to use a different escrow company that I had a great experience and very good rate. But was overruled.Now, 2 days b...
We have had the same tenant in one of our units since 2015. It is now time for lease renewal and she doesn't want to pay the pet fee for her new lease term because she claims her dog is an emotional support animal. Sh...
During the PMA contract term, can a property management company legally refuse to send the initial tenant application that contains the background check and income information?If yes, then what about after termination...