anybody care to share their thoughts and/or opinions on Glenn Beck's new show on FNC?
I think he is rather alarmist but frankly I think it's time to start getting alarmed.
I need opinions on how to fill in the 2 h...
I've got an estoppel letter I use for purchasing tenant-inhabited properties. The content was suggested by my lawyer and is definitely suited for scenarios when a written lease is governing. I'm tightenting up my...
Hello BP Members
I'm closing on a property next week which will be my first flip. I would consider the neighbourhood to be a B/B+ class. I was looking for some advice on the type of flooring to install (vinyl plank o...
After the unpopular and controversial thread "Who is more unethical Realtors or used car salesmen?" I wanted to pull out an old book I had read the year before deciding to go into this business full time. I have scan...
Being new to REI, we found out about FHA seasoning requirements only after we had a property up for sale a few weeks short of 90 days of ownership and under contract with an FHA buyer right away. We intend to stick w...
I am looking to purchase a house from someone who has owned the property for 20+ years. Their cost basis is ~$250K and the home is now worth ~$2.5MM. This is their primary residence so they qualify for the $250K Secti...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $194,000
Cash invested: $12,000
Sale price: $300,000
Purchased the property with seller financing and a ...
Is it legal to charge a basic late fee and a daily late fee after so many days in Oklahoma? For example, our grace period is until the 5th, then we charge a $50 fee. If someone still isn’t paid at the 10th could we st...
I talked to a few lenders that said they will only do fixed rate mortgages on investment properties. Is this pretty much true across the board, or are you able to find lenders that will do adjustables?
Thanks,
Asher
My team is working on a deal and my partner and I have different perspectives on when to give a LOI. I want to give it before we secure financing to show the seller that we're serious. My partner wants to wait to secu...