Here is the situation. The lady was forclosed on and had a lawsuit with fannie may, she lost the lawsuit and came to an agreement to purchase her home back for $166000. She needs a short term lender to come up with a ...
Hello everyone! My father purchased what was supposed to be a rental property a few months ago. However, we have been dealing with a huge headache as it turns out the house has no water access! From what I have been t...
If I'm not mistaken, double closing is essentially I enter a contract that includes person A - person B (me) that only involves the rights to the property not the property itself, then once that's complete, I would se...
Hi All,I am new to real estate investing and I'm having trouble finding some information about FHA loans, so maybe someone here with some experience can help?I am looking to purchase a building with 4 units and occupy...
“Your most expensive money is your own money, and your second most expensive money is your family’s money.” This comes from a real estate investor that I know. For those of you who have been in real estate investme...
Hello,
Can someone with experience buying commerical properties outline what someone should expect in obtaining the loan process?
IE Letter of Committment, Letter of Engagement, Average Closing Time, different type ...
I’m trying to buy a lot which has a modular home on it. I want to keep the modular to repair and rent it out. The owner paid off the note on the modular, but can’t find a signed lien cancellation document. For some ...
Hello BP community! My name is Elliott McAllister, and I am an analyst/agent on an investment team in Dallas, Since my fist day on the job, we have been representing hedge funds in their efforts to obtain both buy an...
Hello everyone!!
Today, I want to discuss the importance of the Sponsor Underwriting Process. Part I.
Introduction
Sponsor underwriting is a critical aspect of real estate and investment analysis. It involves e...
Hi everybody. My name is Jonathan Taggard and I'm from Central California. I have years of experience in working in different aspects of the real estate industry but am looking to enter the realm of investing for the ...