I am selling my first house. I was thinking of possibly cancelling the contract next week if the buyer doesnt have a loan commitment letter from the bank by the deadline. The appraisal was over a week ago and the ...
Hi,I am under contract for a secondary residence and have been given the current options:4.625% .5% discount point. Lender fees are $995 commitment fee (underwriting), $895 processing, $500 appraisal.4.75% no points. ...
Getting ready to borrow money from a private lender. Private lender wants me to draw the paperwork up and send to him. Does anyone have a good example of what to use? 20k loan on a 26k rental property.Thank you!Ryan
Hi there,
My question is not of a technical nature, moreof a lifestyle/confidence question:
My husband has been interested in and learning about investing for the past three years, starting right around the time my ...
Hello,I am very excited to get started with real estate investing! I've just graduated from the University of Florida and recently started working full time as an engineer in Jacksonville, FL. I am very interested in ...
I've been virtual wholesaling for 4 years now and last year we did about 100 deals and just under $1 mil in revenue. THERE IS NO WAY I COULD HAVE ACHIEVED THIS WITHOUT MENTORSHIP. Period. Without a mentor, there are j...
I have a question about my state's contract language. I am making a cash offer and providing POFs (my bank statement) however I am not sure if I will use cash as I have another short sale under contract that I am awa...
Greetings from a newbie and thanks for all your feedback. It is very much appreciated!
I am currently looking at 2-4plexes in the Houston area and a Realtor (been in business 20 years or so) is indicating they will n...
Hello BP,
My wife and I are flipping our first house. The house is in the name is a LLC. The buyer mortgage company is requesting us to provide them the operating agreement of the LLC. I can understand if this requ...
Greeting all,I have just finished up a purchase agreement on a 4-unit fully occupied building that I will have to owner occupy because of FHA requirements (one unit is in the process of eviction.) I am in the underwri...