Jose Torres
Financing Contingency - Agreement of sale
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 ...
Joshua Dorkin
The Lengths I'll Go To In Order to Demonstrate My Commitment to the BiggerPockets REI Summit 2012
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...
Andrew Sanders
A question for all levels
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...
Angela W.
Did you know you can Object to Title Policies and Survey
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...
Derrick Small
Stay away from this hard lender, Flip and Fast Loans, LLC, they will scam you
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...
Johnny Debt
Submmited Offer for REO
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 ...
Sheree Jones
Has anyone used Xpressloans911 as a hard money lender?
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.
Tony Blaine
Best Way To Provide Proof of Funds To Seller
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...
Kedrick Thornton
When should Letter of Intent be signed?
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...
Juan Carlos Gastelum
Origination Fee for a Commercial Property Loan
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...