Account Closed
Annual Income Verification Required By the FDIC?
Letter from the bank today says that I must verify my income every year on my 1-4 Family Non-Owner Occupied Mortgage.They say this is a new change in the FDIC regulatory requirements.I can't find a dang thing about it...
Rami W.
San Diego - New construction 3-4 units behind SFR
I am looking for information/insight on the requirements for building a small 3-4 multi-unit complex BEHIND a SFR on a lot that is already zoned for Multi-units. I've found requirements for building on an empty lot, b...
Elizabeth J Humphrey
home path deal
Anyone have a decent experience purchasing a HomePath property? We just submitted our 1st offer online during the owner occupant period. Have read many horror stories online about FannieMae either rejecting your offer...
Brandon Johnson
House Hacking LandLord
Hello All,I’m analyzing multiple duplex properties in the Detroit Market (Bagley & East English neighborhoods) to house hack with FHA. I will be buying fairly soon and I would like advice on the landlord aspect of...
JB B.
Real estate agent duty in screening tenant
HI. i have a RE agent to list my rental house. we got an application and now i asked my agent to do a background and credit check. I asked him to use a tenant screening tool i saw online that . he told me that he only...
Justin LaTorre
Flipping auction properties
Hello BP!I'm trying to wrap my head around an idea and I'm hoping you guys can help me out with some facts. So my Dad is a general contractor working for a guy that flips houses in Florida. This guy buys his propert...
Sunshine S.
Room Definitions
Hi Everyone,
I have't posted for some time but have been viewing posts daily. Well looks as if the REO that we offered on months ago should finally be ours soon.
We plan to renovate the house into a 2/2 from its curr...
Devin Williams
Hardest Money Lending Ever
It seems to be a hard requirement with Hard Money Lenders to form an LLC before they are willing to fund a real estate deal. Also thought there would be less stringent requirements put on borrowers and more focus on t...
Gaurav Asthana
Buying property through a pre-existing opportunity zone fund
Hi All,I want to buy a property in an Opportunity Zone. I know the the rules require the purchase to be through an LLC or partnership that is a Qualified Opportunity Zone Fund entity. Does anyone know if there is a pr...
John Rosselli
Texas Law and Selling Real Estate without being a Realtor
I have been buying, selling, rehabbing & flipping as an LLC in Texas. I plan to incorporate and turn up the heat. Do you have to have a Real Estate License in Texas to Sell Properties or simply have a Real Estat...