I’m looking for Broker recommendations.I passed Real Estate Licensing exam last week in Northern VA. I’m leaning towards EXP because of the flexibility and Covid being the game changer for traditional business models...
Had a very bad experience yesterday and not being tech savvy cost me $439.
They say a sucker is born everyday but I must admit this was a great con job, if in fact this was a con.
I came home yesterday ...
Hello all,
This will be my first post to these forums. I'll try to make it as brief, concise, and full of information as possible.
I was in the military from 06-10. I spent three of those years deployed and the...
Hey Everyone,About to originate a new loan for one of my borrowers. I've never used a deed-in-lieu of foreclosure before, but a few friends have told me to include it in my packet. Question: If I have the borrower's s...
Hey All!
A current BRRR rehab project of ours has an interesting location, and I'm wondering if anyone has ever had a similar situation they can elaborate on. Specifically, I'm wondering how it will impact the appr...
Hi All,
Hope you're all surviving and thriving during the Corona-pocalypse! In an effort to spend my quarantine doing something productive, I am trying to teach myself how to code apps. I've decided to try and work o...
Hi all,
In my quest to streamline efficiencies for rehabs I defaulted to my normal way of managing projects- namely using Microsoft Project or Excel. In thinking of all of the dependencies that go into a reh...
So my first oppportunity to make a HML fell through as the buyer lost the house to a higher bidder at the last moment. Here is another loan request I received:
Amount of Loan: $100k
Buyer Cash-in: $38k
Property Purc...
Hey BP,
I’ve decided to try my first flip, and have had an offer accepted on the property. Its not a great deal, and will not net huge profits, but let me know what you think.
House- 51,000
Closing (est) – 1500
...
I am currently selling a house, suppose to close tomorrow but wont be happening just yet, in the final hour the bank called me out on the anti flip law. The price I paid was $43,700. I put it under contract for $90,...