Can a lender drop it while getting a house "subject to", for example? What would be the documentation? Is it possible at all???Thank you
Just curious what people are seeing out in the market; In a commercial property context (industrial, retail, office, even multi-family), is an environmental (at least a phase I) always requested by lenders (convention...
Hello I have a potential customer that has been approved for a Short sale on his current home. (he is upside down big time- owes $220K worth $105 ) and has $15K to put down on a house. I am looking into purchasing a...
This is an academic question for me but it was prompted by a discussion with another investor. That investor was trying to value a portfolio of 30 notes on mobile homes. Trailers only - land belongs to the park. Ass...
Entered into Agreement to Purchase REO-owned property in January (post foreclosure), but questioned property description as provided in sale docs. Wasn't until formal property survey resulted in obvious problems with ...
Hi,
I'm planning on flipping my first house this summer with a friend and we decided to set up an LLC to help protect our investment. Through legalzoom I created an LLC with "Property Management" in the title...
My Bigger Pockets Fam. You guys have been great and I need some help:We have 3 members as part of our LLC and one of which purchased a property we are currently renovating then intend on BBRRRRing. Besides paying tran...
In an unexpected turn of events, the U.S. commercial real estate (CRE) market has seen a significant uptick in foreclosures, with a 17% increase reported in January. This development is a critical wake-up call for inv...
Here is the scenario,Signed a purchase contract 4 months ago to buy a home that was being constructed. Purchase price is $X and I gave a 10% down payment, as per our agreement. Since then there has been an uptick in...
Good day to all my fellow members, I hope every one is doing well and in good spirits. I'm in the process of purchasing a 2 story, 8 Unit building: 2 Commercial Stores fronts on ground level, and 6 APT's on top. Curr...