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My loan officer (not Penny Mac employee) is working with Penny Mac to secure me a loan on a primary home purchase. We started the process in late March, and we always provided everything they requested within 24 hours...
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Hello, we are currently doing approx 40 properties each year and having a hard time keeping up with all of the paperwork. We were filing our transactions by each property and putting all information pertaining to the...
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Hello BP members. I came upon a situation and need some advice. I bought a property 2 years ago that meets wall to wall with another property. This property used to be a duplex and the past owner decided to sell them ...
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i received a 'Rehabilitation Loan Permit Certification' document required from our Lender to close our 203k streamline loan. We're only doing cosmetic work, but that includes replacing the windows which requires a pe...
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How do you guys choose to organize all your paperwork? Old fashion file cabinet for everything? Evernote? Another computer program? A hybrid of both electronic and paper copy of everything? Would love to know what you...
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My first private loan has been a great success! I'm expecting to receive the final payment from my borrower--always on-time--in a few days. My question is, what now? I think the county Register of Deeds (Wisconsin)...
I am in NC and have a house on the market. A local agent brought a cash offer from a buyer which is very attractive. I have verbally indicated that I will accept the offer provided the buyer produces proof of funds. H...
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Good Evening from Dallas, TXI was building of list of documents that I need to have my contractor sign. This is my first rehab so this is what I am coming up so far.W-9Scope of workWarranty of the work that is comple...
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I have acquired a piece of property that has an existing cell tower on it. The previous owner had already sold the lease about 10 years ago for a lump sum payment. I have requested a copy of the lease. From what I und...
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Hi Everyone,I hope everyone had a great year and will have a better one this year with only good news.I just closed 2 days ago on my first investment property. It is in Fort lauderdale, Florida. I live in NYC. After n...