Matheo Segovia
Are seller side only HUDs legal in Texas?
From what I've heard it all depends on the location so I'm curious if it is legal here. Also, what are the pros and cons of a seller side only HUD? All I've heard about it are how wonderful it is because the seller an...
Account Closed
Mortgage broker with gmail address
Hello - I'm in the process of buying a house. The regional lender referred me to a broker, who he thought could offer me rates. I'm able to get a much better rate (at least 0.5% lower than if I went to a national ban...
Jonathan Hamilton
Wholesaling- First Steps
Hey guys!Im sure this is posted in other places as well, so if there is anywhere I need to look in particular, or you think would be helpful, please point me in the right direction!I recently went driving for dollars/...
Trace P.
Who checks that Residential Building Codes are all met?
Hi! It's the first time I am going to be buying investment property in the States. I read about Residential Building Codes, which consist of hundred or thousands of pages and is updated almost yearly, differing depend...
Christian Hutchinson
Property zoned for 2 but operated as 3 for 19 years
Here in Michigan, I've ran into an issue of a 2 unit that has been functioning as a 3 unit for 19 years. It has separate meters. I bought this spring, and began renovating. When I went to rent, several neighbors calle...
David Beadles
Section 121 Exclusion for a Duplex when Occupying Both Units
Currently, my mother-in-law lives with me and I claim her on my tax return. I am considering purchasing a duplex where my wife and I live in one side and my mother-in-law lives in the other. If I decide to sell in 2 y...
Justin H.
Buying at Auctions
Tell me if this all makes sense for buying/selling foreclosures from auction:
County rules:
Drive by appraisals
Deposit due at end of auction
Can bid for other ppl
Name for deed due at end of auction
Full amount...
Michael Nevarez
Came across private lender,is it a scam?
Me and my dad came across a private lender that offered his services on the app “meet up” app. I contacted him and he seemed legit,he asked for me to submit a loan application with name,address,where I work,my anual i...
Philip Bourdon
Can House Foreclosure Put Lien on MH?
First, on a probable MH purchase I discovered back taxes for this years and last, totaling $996. The seller's husband did die about three years ago, so when I informed her of it and mentioned that I could understand, ...
Eric Asatryan
If we decide to back out of escrow, will we lose our EMD?
Hello fellow members, I just accepted a counter offer for a condo purchase earlier today. SMCO terms stated buyer has to pay 10K above appraisal if it comes in lower than offered price (what we are hoping for). BCO wa...