Anyone know what kind of fees would be added to closing costs if you have a seller who is behind on his mortgage payments?? EXAMPLE: 100K left on the loan-monthly payments $1000- 3 months behind on payments- got him u...
Typically, I find virtual staging to not be necessary for marketing our properties. However, recently, we have had a few properties that are not moving and I am racking my brain for creative ideas to generate interest...
Do private money loans charge points from the full amount of loan or the amount remaining after the down payment?
Hi everyone,
Im thinking about bringing on passive investors for future real estate deals, but I haven’t been able to find great resources that cover common real estate profit sharing, fee, and capital structure tech...
Hey BP family can anyone explain the meaning of a step down pre payment as well as yield maintenance and how an investor should look at and evaluate both when looking for a Fannie Mae loan or a recourse(bank) loan.
Hi there, we have an offer in on an MLS wholesale deal. We have put 1% Earnest Money to our Title Company in escrow. The contract is for sale currently and we're 6 days out from our option period. Question is, do I ge...
Hi there,I came across a section on appurtenances in my RE course and wanted to explore a hypothetical. First, here's an example of subsurface rights as an appurtenance (from the course):ExampleAn oil company buys the...
Hi everyone,I just started looking into my first property to invest in (SFR or MFR). I am setting up the cash flow and appreciation expected for the first 5 years after purchase. I had a question about annual property...
Hey everyone,I'm sure this topic has been addressed several times but it seems I keep getting different answers when talking with different lenders vs. what I've read online. I am rehabbing a property and would like t...
I'm in the market for a GNND HUD loan, which is exclusive to first responders and teachers. One caveat to know is that I can only offer the full listing price of the home, no more and no less.When my HUD-broker is sub...