Patsy Waldron
Tenancy in a Foreclosure-- what are probable scenarios?
Hello all!I have a question for the pros who deal with foreclosures (the process itself, selling them, etc). I have found a house that is in foreclosure that is being advertised for rent. This is in a city with a very...
Jonathan Johnson
What's an attractive offering to help with the downpayment?
Hello BP,If I find a good deal on a large apartment complex, but don't have the money for the downpayment ($500-700k), what kind of product or offer can I structure to talk about with friends and family who might want...
Ronnie McClain
Austin Texas Demo Permit
Hello everyone,So to fill you in, I am working on getting a house that we would tear down and start new construction on. We would like to get a demo permit search going before option period just so we can be sure the...
Rich Weese
Are lenders really lending????
I have a 154 unit apt under contract in Dallas. I had an approval and LOI from Wash Fed through a broker at BMC Capital. Terms were ok. I was only asking for 65% loan and got approval at 6.25 %, for first 5 years and ...
Michael Soriano
bank wants home owner to sign promissory note
I received the following message from a Wells Fargo Negotiator regarding a short sale I am working on.
I received a reply from the MI company on this short sale request. They are requiring the seller sign a promissor...
Rod Wiggins
REO For Personal Residence
I'm looing to purchase a REO property for my personal residence. The listing agent is asking $259k for the property. The property needs repairs, but nothing too major. I found the deed from the courthouse sale, and it...
Britney Durgin
Landlord evicting us after only 11 Days of Renting
My Husband and I have recently moved into a one bedroom apartment on the ground floor of our Landlords home. After only being her tenant for 7 days she informed us that she is selling her home. We were officially serv...
Amber Carter
Implementing New Applicant Screening Requirements During COVID-19
With the novel Covid-19, Many Americans are battling economic uncertainty. Over 6 million Americans are seeking Unemployment and are experiencing a significant decrease in their household income. Treading uncertain wa...
David G.
Finding an Investor Friendly Contractor In LA is Impossible?
Hi GuysAfter 7 years of doing Airbnb; here is my next move.HOUSE HACK
Get a rehab loan (Fannie Mae Homestyle at 20% down) to buy, rehab, and live in a beautiful SFH pool home in LA County. Preferably Woodland Hills o...
Vlad Selsky
IRR on no money down deal
Hi,
First time post here.
I am interested in buying a condo rental property in the Boston area. Mo
st buildings have low owner occupancy so I wouldn't qualify for a traditional loan.
I have another rental condo th...