I have a property under contract, I am the seller and for the record I do want out of this contract. I received a conditional loan approval (CLA) from the buyers on 4/4 that still had several conditions that were not ...
I wanted everyone to know how truly committed we were to putting the BiggerPockets Real Estate Investing Summit 2012 on. As such, I put myself out there and worked with some actors to produce a series of videos to de...
Hey BP community. I just started learning about REI, I'm looking to buy my first property this year (and many more after, hopefully). My goal is that illusive financial freedom, I don't want to work a "9-5" anymore (t...
Here is an article I wrote: Title/Survey Objection Letter
Angela Walter, Texas Attorney - If free to message me if you have any legal questions!After getting a property under contract, the buyer has an opportunity to...
FYI , Stay away from FLIP AND FAST LOANS LLC. On the initial phone call they will approve you for 100% closing cost & 100% rehab, tell you they need a fully refundable $2,000 commitment fee wired that day and it w...
Hello,
I recently submitted an offer on a REO through a my own agent. I submitted my offer with a 203k loan approval. I offered a bit higher than listing price and also putting 20% down. However I just browsed and ...
I want to ensure they're legitimate before sending my client to them. I don't like the fact that they're asking for an upfront "commitment fee" saying it will be credited at closing.
Hello BP Team, i wanted to get your opinions on the best way to provide proof of funds to a seller and their broker when you are using private investor funds and hard money to purchase a Commercial property.For exampl...
I have a verbal commitment from a potential investor and would like to get this commitment in writing as soon as possible. I have not found the investment opportunity just yet but I have kicked my search into full gea...
Do all these fees apply for the same transaction?Fee Structure
Lender’s Fee: A percentage of the Loan amount paid by the borrower to the lender
Lender’s Commitment Fee: This will get paid by the borrower to the Lend...