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Hi all!Love this site and the members!Question: My friends and I bought a rental house 3 years ago and it's going fine. We want to refinance into a 30 year fixed note. Is this possible?I'm told that we can't get agenc...
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Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
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OK I know the Dodd Frank law has been discussed many times and I'm not necessarily asking about particulars on the law. My question is for anyone understanding it much better than I or others possibly in my situation....
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Well, I close on my first investment property on Friday - crazy timing, I know. It is a small 4-unit property and I will be moving into the only vacant unit (owner occupy). I will be inheriting tenants for the other t...
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Hey team!
Heres the basics:
SHORTSALE
ARV: 155-160k
BPO target: 140k(I will be there to do everything I can to influence price)
Target purchase price:112k.
1st of 220k (WF) and...
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Hey all,
Just found out an REO house I've been looking at is a Fannie Mae property being sold by a Real Estate Agent. How are they to deal with, do they barter? Is it feasible for them to go for 70% of list price?...
hi everyone, I would appreciate some advice on how to vacate the seller of a property I just purchased. The seller sold to a wholesaler and I closed the next day purchasing it from the wholesaler in an all cash deal. ...
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Zillow promotes Zestimates and so many consumers think this is good information to receive what their property is worth. Zillow is appearing as the authority on pricing homes. How accurate and misleading is the site?W...
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-I've been reading a lot on here about how to handle security deposits when it comes time to assess damage and determine what is normal wear and tear and what is "damage" that can be charged against the security de...
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Hello BP community!So this might be a newbie-type question but I have been reading a lot about wholesaling and the process. I seem to have gained a fair understanding about how it works overall but I think the one par...