I'm a buyer that was very excited to purchase a home. Long story short, and $100k+ worth of undisclosed issues later after inspection, I had to walk away as there was no way I could pay for all of it out of pocket. At...
Hey guys, So this question will reveal the newbie-newness that I still have but here it goes! Just was about to purchase my first list from ListSource for a direct marketing campaign and I get to the purchase page and...
So i have requested and received a couple of county tax delinquency reports, whats next? How do you use these reports to target properties? The reports i received had over 500 lines of properties, so they are extremel...
CBRE’s latest survey reveals a potential turning point in the office market. Among 225 corporate real estate executives surveyed across the U.S., Canada, and Latin America, 38% expect to expand office space over the n...
I am making my first commercial real estate offer today and was wondering what I should request as part of the offer. I am putting subject to bank approval, copy of all expenses, profit and loss statements, half closi...
Hi all!
I am looking at purchasing a property in Chicago using an FHA loan. It is a 2-Flat property, so I would live in one side and rent out the other. This deal fell through once before with a different buyer becau...
My offer was excepted on a HUD purchase a few days ago. I had the inspection done yesterday which revealed a new roof had to be put on.. With the snow cover and freeze we just had I couldn't tell how many layers it ha...
Your credit score: Your credit score will play a significant role in determining the mortgage interest rate you qualify for, so it’s important to check your credit report and address any errors or issues well before y...
Not exactly the news I was hoping to hear. My inspection today revealed a little bit of mold and water accumulating in the basement (this is attributed to the property not having gutters that I was planning on replaci...
I got an inspection report back for my first property (2 unit, 1BR up/3BR down).Here are some specs about the deal:- At minimum rents, it would cash flow $443/mo- COCROI = 12% Inspection reveals a lot of minor problem...