Debra Nolan
How to set up personal property trust - standard forms
Hi everyone, I am trying to learn about how to set up a personal property trust to put my properties into and am looking for some direction. First: how do I set up a trust? Second: do you have a standard for to u...
Nicholas Salman
What is DTI, otherwise known as Debt to income?
Hey guys! I get asked all the time what DTI is but even more so what it means. DTI is what standard for “Debt to income” ratio. Essentially it is the amount of total monthly liabilities you have divided by your gross ...
NA NA
What is the industry standard (or your opinion) for profit splitting with a cosigner?
Person A bought a house for $200,000, but needed additional credit to purchase. Person B, cosigned (and was on the deed) for said house. Only Person A lived in and made payments on the house (on time every month so th...
Brendan L.
No response from bank and their agent on offer?
Is it standard for a bank and their agent to just not respond to an offer? I know they got multiple offers on a foreclosure and I was supposed to hear something back yesterday, but nothing. I thought my offer was pret...
Geoffrey Morales
How many properties can I owner finance?
Looking to do owner finance, is there a standard for down payment 10% 20% 0%?
Evans Wright
LF Reputable Property Manager in Lincoln, NE
Hey BP Team,
I was looking to get input if anyone has a reputable property manager that they would recommend in the Lincoln area and are willing to pass along their contact info. I am hoping to purchase a duplex soo...
Tom Peterson
How to verify property is being sold at sheriff sale?
I know most advertised foreclosures never make it to the sheriff sale. It would be a huge waste of time going to the sheriff auction just to find out the property isnt even being auctioned. Im sure its unavoidable at...
Andrew Yu
Conventional Loan Question
I don't own a home currently, but if I want to buy a house for rental purpose. What's the minimum required down payment for conventional loan? Can I say that's gonna be my home but really I will use it as a rental? I ...
Nathan Ashram
Real Estate Super Newbie
Hello EveryoneFirst of all, very excited to be here. This is amazing place with tons of info, (also a bit overwhelming), so just wanted to say thank you all. Week and a half ago I decided to become an RE agent, so I s...
Sam Chan
Sacramento County STR
Hi,
Do I need to wait for the STR permit before I put the listing on Airbnb and vrb in Sacramento County, CA? I already submitted the permit but haven't heard from the office yet. Does anyone have experience in the ...