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I just had a potential renter ask me if she could use her son in the application since she is retired. Is letting her son do the application a mistake? Thanks everyone!
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Note: I wrote this post pretty quickly, so I’m sure there will be some questions and perhaps even some confusion…if so, feel free to ask, and I have some additional disclaimers at the bottom... I’ve written a bunch ...
I'm looking to invest into a Multi Family Syndication deal and I noticed that the sponsor fees vary from about 1%-3%, depending on the deal. Is that fee usually based on the selling price or do they include rehab mone...
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Hello BP Community,I am new to real estate and this forum. I converted my primary residence to a rental property in October 2017. The house is in Los Angeles and the lease will be due in October 2018. From November 20...
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I am chin deep in a 203k and days from closing but my brokerage company has screwed me good. Please continue reading to get the whole picture...Ive been working with a loan officer for months now trying to close on a ...
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Question for everyone in the forums. What is your experience with solar panels and how the bank handles them? I'm assuming these would be a lien on a property like any other lien? The only reason I ask, is they don't ...
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I'm a realtor in Oregon. My principle broker last week dropped a bomb on us, saying that balloon payments are going (have gone?) bye bye, and that most people who are going to carry notes on their own properties, will...
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I wanted to reach out to the community and get feedback from you guys. I tried looking through the forum but couldn't find anything specifically on Response.com. I recently went to their SnapFlip seminar where they of...
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To start off the market I live in (Hollis, OK) is dead and the town has always been declining but I do have the opportunity to invest in other towns close by but they are still small towns which don't really work for ...
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Hi Everyone,My GC want to be paid in cash. Its a gut rehab which will be over $100k. I will not be paying it all upfront. I am not concerned about him disappearing or doing a poor job as I have known him many year...