Mano G.
Tenant utilities and pet deposit
Hello BP,
I have 2 questions regarding tenant payments.
1. One of our tenants moved out on Oct 31st at 5pm. Tenant pays all utilities so we requested them to transfer to our name starting Nov 1st (since they were at...
Charley F.
Should I request a new Loan Estimate if does not match what we...
Greetings:
I am in the process of refinancing my home to take advantage of the lower percentages and reduce the length to 15 years. After research and consideration we decided to go with our bank (BofA). During my co...
Ernie Gutierrez
If I have Heloc can I cashout refinance?
Input requested. Thank you I have 150K equity in current home and just closed on Heloc and have zero balance on 75K HELOC credit line.Will I still be able to do a cash out refinance to have more accessible funds for r...
Allison Ezzi
Should we have complete access to property while in due diligence?
Hi everyone ! We just got an offer accepted and are currently in our due diligence period. I asked our realtor to request the code for lock box or copy of the key from seller, in which she said "I will ask although I ...
Mong Vang
Earnest money not refunded - First time home buyer, need advice
Hello All,First time home buyer here. I ran a search and couldn't find anything in greater detail about earnest money refunds.My current situation:I am in cancelling a home purchase due to all items on the amendment p...
Carl Mccrory
Refinancing before transitioning to a new job
Hey BP need some advice on lending. I have a friend who just completed a BRR and is getting stuck at the Refinance part. He will be shortly leaving a high pay stable job (military pilot) for a low paying (40k/yr) job ...
Matthew Paul
Make sure you have the Tenants Social security number
With all this talk of not paying rent and no evictions the landlord does still have a card to play . A debt forgiven is considered taxable income to the tenant . ( as far as writing it off for the landlord others may ...
Dave Chapa
Rent collections in today’s market.
Our personal rentals (SFH&MF) have been at 100% in collection, thanks to the great work of our PM. On our large property MF (we are investor only), it has been hit hard however, it is making headway and, should be...
Jay Yoo
Tenants: No income but just bank statement
Hi AllI often get contacts from people who doesn’t have income but pursuing in master / doctorial degree but they have bank statement to cover the rent for a whole year. How do I make sure and somehow protect myself i...
Herm M.
WaMu short sales question...
When doing WaMu short sales, did you guys use the official forms from Chase.com for the financial information?
Or were you successful using your own forms?