Bryan P
highest and best offer
I put an offer in yesterday and the listing agent is now asking for my highest and best. He's being kinda shady because first he said there were no other offers but one was coming in soon, then he said another offer ...
Marjorie Patton
RE Investor DTI ruining ability to get/use credit
I'm super curious if anyone else has encountered this issue...We are RE investors in Denver - we've got 3 investment properties (or 5 doors). We have >$2m in debt spread across the investment properties and our pri...
Eric O.
Consolidate consumer debt into HELOC to lower DTI?
My wife and I have the opportunity to keep our current home and rent it out while we purchase a new primary residence. Keeping our current home and converting it to a rental would be our 4th rental. It'd cash flow abo...
Jill Peterson
Should we pass on a well qualified applicant?
We received an application for our ADU rental from an extremely well qualified applicant. After meeting this applicant we became concerned because they had so many ammenments they wanted to make to the lease (the leas...
Account Closed
Broker contract signed by seller
I have the Agent I want, and have finally seen a listing agreement. We were fine untll line 56 to 72. There are 5 sections re Compensation to be paid to broker, and I've asked for modification to Sections A and B, to...
Paul Harvey
Making it happen from halfway around the world!
Hi everyone,My name is Paul Harvey, no joke, and I'm from upstate Washington in the hot pursuit of attaining my dreams.I'm currently halfway around the world and have finally pulled the trigger on buying a house back ...
Yasemin Hocaoglu
Looking for investor friendly realtors
Hi!
My husband and I started our real estate investment business in July. Since then we've taken tons of training, attended networking events, and even started our direct mail campaign. We are looking for realtors tha...
Eric Berkner
Commercial loan question
If you take out a 10 year commercial loan, amortized over 30 years, with a balloon payment at 10 years, what happens 10 years from now when the interest rates are definitely going to be higher than they are now? I'm a...
Mark Berge
My tenant hasn't signed the renewal lease yet
I dropped off the renewal lease about two months ago, his current lease ends the last day of this month. His father who is elderly and cannot drive is living with the tenant who is on the lease. The house is in good r...
Blake Hrabal
Vetting lenders without hurting credit
Hey BP. I'm in the process of vetting lenders who can help me get started on my REI journey getting my first property/mortgage.Obviously, before I can buy I need to know what I'm pre-qualified to afford. But I want to...