Unfortunately we didn't fall under the category of "deal fell through at the last minute." Ours went through. Long story short, we found a house on Coldwell Banker. Drove 4 hours to look at the property....twice. ...
I was in a hurry to get an offer in yesterday and accidentally offered 10K more than I planned. The asset manager has it. I'm waiting to hear back from my agent about addressing this with the lister. It's a Fannie ...
Hello BP friends in Western WA (Everett, Seattle, Tacoma, etc.). We're Investigating the possibility of a cash out refi to put funds toward more real estate investments, however, if I understand Fannie Mae rules co...
We used a California Residential Purchase Agreement RPA-CA revised (4/10) without a realtor to purchase a condo. We placed down a $30K earnest money deposit to escrow. We were informed by our loan agent that the loan ...
There is a bank-owned sfh that that has been sitting empty for 3+ years and has never been listed for sale with a realtor. The previous owner filed bankruptcy and the bank took possession of the property. Why would ...
I received the following message recently and thought I would share it since my response may assist others:
Hi Andrew,
I just noticed your reply to the investor talking about having a LLC partnership and was wonder...
looking at a duplex that seems very nice. the price is a little high, but before we even get there i noticed that the kitchen cabinets in one of the units is missing.
3 loan guys said "you can't get a loan if the kit...
We've purchased one home as an investment so far. But now, I have placed an offer on another home in Central TX owned by Fannie Mae. I've read some posts from other who have dealt with FM but they were 3+ years ago....
BP Community:
Hope you’re all enjoying the bear market!
My name’s Stuart, I’m an agency multifamily lender with Berkadia that finances apartment buildings throughout the Western US with Freddie Mac and Fannie Mae. ...
I am a newbie investor and looking to start buying 1-4 unit properties using the Brrrr method. I'm aware that I don't necessarily need to set up an LLC, but I'm noticing a trend that it is becoming harder for individu...