Rickey Wallace
The closing costs........
How much can closing costs differ when doing a mortgage deal compared to an all cash deal? Could it be $100s difference or $1000s? What are the the type of expenses that would be knocked off the HUD-1 form?
Jeff Cliff
Separate water heater for an ADU
Hello,Right after the purchase I had gotten water heater replaced for a property in California.Now I am planning to convert upper floor into studio ADU. Now my question is, does ADU require separate water heater or ca...
Nikki Garner
Purchasing with Transactional Funding
Hello everyone, I'm new to BP, I found this site awhile back when I started looking into Wholesaling I have read a lot of posts and watched a lot of videos. I'm in the state of FL and I know I can't list or market a...
Calvin Lipscomb
Short Term Hard Money Loan
Found a deal that I am interested in pursuing and requires all cash. Looking for a short term hard money loan to secure the deal. Will immediately secure long term financing. Property deal 6 family $429k in Chicago ...
Matt Juels
Opinions on working as both an Agent and a Mortgage Broker
Hey all,I wanted to get some feedback about simultaneously working as a selling agent and a mortgage broker (e.g..Finding a property for someone and financing it for them, and getting paid for both activities). Do yo...
Kevin Noesner
When should rent payments start?
I have a retail building that needed some work and customization before the restaurant could open for business.
We agreed that I would get it to a "vanilla box" state where it's up to code and then they would add t...
Nicole Aleksandrowicz
Jumping in head first in Connecticut/Tennessee!
Hey everybody! I've just started researching how to get my license here in CT to be a real estate agent, and simultaneously beginning to lay the ground work for a demo and rebuild with my boyfriend in Nashville TN. We...
Wade Robinson
FHA Loan and Conventional Loan
Hi All -I am new to the real estate industry (BP) and I am here to learn and network. I am open to advice as I grow from strength to strength. I am located in the Bronx but I am interested in investing in North NJ. I ...
Jeremiah Dye
HELOC, Refi on my personal house to get started??
Hello everyone! I don't have a lot of money saved in the bank, but I had thought about either refinancing my personal house and taking the money out of it, or refinance and then getting a HELOC to get started on buyin...
Pramod Ponna
How to screen potential tenants?
Hello. I am new to real estate. I have a few questions about tenant screening.1) Do we screen all the applications simultaneously or screen one application after another based on first come, first served?2) If two app...