Tone Church
Surprise! I need $3,300/yr flood insurance.
I am under contract for a two-family property in New York State. My deposit check has already been cashed and the appraisal was just performed for my FHA loan. I got a note from my lender today letting me know that th...
Eric M.
Lenders, do you have borrowers pre-sign DIL?
I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
Amy A.
Sound proofing units
I recently purchased a 12 unit building which I would like to take from class C+ to class B+. There are two 3 bedroom units on the second floor and the rest are 2 bedrooms. I was just given notice (for November, not ...
Abdul Azeez
Kaizen or Crestcore Memphis realtors
Any recommendations on good Memphis Realtors working in a brokerage that does very good property management?
Austin Fruechting
$474,725.00 Wealthier Today...
You make your money when you buy! I'm closing on a 22 unit portfolio that consists of 12 single family homes and 5 duplexes. The sellers first offer for the package deal was $1,140,000. Through a LOT of strategic comm...
Demetri T.
Unauthorized Pet becomes Companion Animal
I am fairly certain I am asking a legal question- and ironically I am a lawyer (not in this area though!)... just wondering if someone can point me in the right direction or perhaps encountered this.Just found one of ...
Jordan G.
I've Got (Lots of) Questions. Hoping the Community May Have Some Answers!
Hello All! Long-time lurker of the forums but I finally wanted to sign-up to ask the community for their input on some specific questions that I have and haven't been able to answer on my own.I am a commercial real es...
David T coello
Frustrate with contractors
One of the biggest obstacle in this field has to be the lack of professionalism and work ethics from contractors. I feel that we constantly have to baby sit them and tell them how to do their job the right way, and on...
Shawn Crawley
Seller financing rules
Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...
Hau N.
Should I walk away?
Hello BP members,I need your help analyzing this deal. I have a feeling what you'll tell me but I just need to hear it so I can walk away from it. It will be my first deal. I've been looking into MF 2-4 units but ...