Yury James
Mislead, Help with financing and for a 2 unit with violation
I've been a longtime lurker, but this is my first venture and post, really need help/advice.I've been under contract to purchase a 2 flat in the Jeff/Portage Park neighborhood of Chicago, it was a not approved short s...
Deborah Tuck
Lease option vs seller finance
I have a property apx 50% lvr. Bought with a private loan from my dad. Habitable, but needs some rehab. I hate being a landlord, need some cash up front, but want to look longer term than wholesaling or flipping.
My q...
Soji Oyenuga
New Texas Excess Proceeds law introduced - What is your take on this ?
New Texas Excess Proceeds law introduced - What is your take on this ?How do you think this will affect previous owners and investors that their primary investing strategy is helping previous owner collect the excess ...
Account Closed
Learning how to estimate rehab costs
Hi all,I'm trying to dive into real estate wholesaling and would like to learn how to develop the instrumental skill of estimating rehab costs. I need to get this down so I can analyze any wholesale, flip, or buy and ...
Charles May
Client wants us to be Chip & Joanna Gaines...sort of
To all:I recently finished a flip, after it was done I had a friend who saw what we did told her sister (who apparently is in the market for a new house this summer) and now the sister wants me to do the same for her....
Zachary D.
Negotiating Price After Appraisal
Hello,I recently received an appraisal that was satisfactory to the lender (85k home price v 88k appraisal price). There are some expected repairs to satisfy the FHA loan criteria.We are in good shape to finish this o...
Chris Mason
HOW-TO: Election Hedge your Mortgage Refinance?!
Hello! Not a lot of posts from me of late, I have of course been buried. I wanted to pop my head up for a sec, just to leave a quick note on something.
For those that have not already refinanced and gotten their #co...
Brooks Johnson
Realtor's Banning Pocket Listings
The National Association of Realtors Board recently voted to ban pocket listings by 5/1/2020 or sooner(timing depends on local boards/MLS). Meaning all Realtor listed properties will have to go in the MLS within 1 bi...
Gabe G.
multiple applicants. How the heck do you guys decide?
I have 3 applicants so far, that went through the BP screener with transunion. This is for a little lower quality property than my others.
They all arent good, but that's sorta to be expected when people are ...
Mike Flora
Possible tenant stating no pet fee
I have a possible tenant stating they do not have to pay a non refundable pet fee to have two small dogs live with them in our property because they are therapy dogs for her dad of which she is the caretaker for. To m...