Assaf Kehati
I'm giving hard money and have a question:
Hi everyone,I'm giving someone a private loan (hard money) to flip a house. My loan would be recroded in the mortgage on the house as a first lender. The value of the house before the fix etc is less than what I'm len...
Chris Talley
Buying SFH with significant non-permitted upgrades?
My wife and I are looking to purchase a SFH in San Mateo, CA. We're primarily focusing on properties with rentable ADUs for a small house-hack. We've found a property with an unpermitted ADU, as well as an unpermitted...
Christian D.
Closing in an LLC - Non-QM Lender
I'm currently in contract on a property (2-4 unit) with a non-qm lender.
Since this lender is not adhering to Fannie Mae guidelines, I am looking to close the property in an LLC. I was told by my mortgage broker he...
Daniel Del Carlo
Very important question to my fellow wholesalers!
Hi all!I'm about to have my first occupied property under contract. I have a question regarding this process. The owner insists on wanting to kick out her tenants as soon as possible. My worry is if she removes her te...
Robert P.
Getting mortgage pre-approval before making an offer?
Do you guys tend to get mortgage pre approval before making an offer? I would prefer not to do a hard pull on my credit. Also, how do you guys go about finding the best lender packages? Interested in hearing the t...
Tracy Chambers
How do I get a mortgage type loan without having a job?
I want to invest in rental properties. I have cash to get started; however, I do not have a job. Lenders require at least 2 years on the job for a mortgage. If I cannot leverage my investment, the return is the sam...
Peter Morgan
Declarations page required to cancel old insurance?
Hello,I need to cancel my old insurance policy as they kept on increasing the premium indiscriminately but the insurance agent is insisting on giving them a copy of new policy's declaration page before they can cance...
Peter Morgan
Should I replace garage door?
Hello,The gear sprocket broke and the chain came off from the garage door opener in my rental, the technician advised me to replace the garage door opener with a new one and charged me $550 including replacing pulley...
Apurva Sanghavi
Sourcing distressed sellers through Realtors?
Hey guys how do you typically structure a deal when sourcing a distressed properties through a Realtor?
I'm totally open to paying their full 3-6% commission (assuming the numbers work)... but I was curious if any of...
Viviana Rueda
listing brokerage fee Florida and California
I just had a real estate agent tell me that the standard listing fee in Florida is 6%. I've done a few deals in Florida and I've only seen 4% and I've never paid more than 4% in California. What gives? did I miss a c...