Alex Kamunyo
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted. Hey everyone, I wanted to get some opinions on this deal I am looking into getting into....
Jamell Mobley
Silly Question About REO Offers
Is it mandatory to submit offers in the form of a fax? Can the offer be submitted via email? All I've done so far is fax my offers, but what I'm on the road and I need to get an offer off right then and there?
Michael Baradell
Help valuing Mobile home park
Hey guys, I would love some insight on your thoughts on value for this small mobile home park.Park currently has 10 mobile homes. All park owned. 5 are currently rented ($600), 2 don’t have power due to new septic nee...
Annchen Knodt
COVID-related contingencies in OTP contract
Hi BP,Though I'm tightening my criteria and making fewer offers as we wait to see how this unfolds, I want to be sure I'm covering my bases in any offers I make so I don't end up in any tight spots due to issues that ...
Roman Rytov
ListSource vs. FMLS - does the former brings extra value?
For a licensed sales person with access to FMLS does alternative sources such as ListSource bring value? I heard a lot of good words about it but wonder if (and how) it can bring more data than FMLS.
Matt Devincenzo
Performing 2nd borrower short sale docs?
So a borrower of a performing 2nd just submitted a 'Request for Mortgage Adjustment' to FCI and requested a short sale. All that was provided was a written summary of expenses, and the last 30 days of pay stubs. FCI h...
Peter Fokas
4plex owner pays heat - how to factor in pricing
Found 4plex that owner pays heat. Heat is two units using oil. So if using 50% rule how much more should you factor in the expenses to cover this additional cost? 60% Also if you want to convert this heating system to...
Michael Yu
Delayed Financing Lender Recommendation
I just closed a purchase in cash and am now looking for the best refinance options. I talked to a few lenders and one offered a delayed-financing option where I can qualify for a purchase rate. Has anyone done a del...
Alina Bar
Are there foreign investors in the crowd?
Hi everyone,How do you wire money to the US? Which US banks are you working with? (assuming you do not have an SSN)
Benjamin Sanders
Buying in a flood plain
Hi all,My wife and I made a last-minute offer on a rental property in New Albany that is in a flood plain. We have until noon tomorrow to get a quote on flood insurance and withdraw our offer if we wish. Even if the r...