Casey S.
Cash offers on HUD foreclosures?
Are they likely to accept less on a cash offer? Ive purchased some HUDs in the past but always dealt with financing. I hear a lot of foks say they will accept 85% of asking price pretty often. Would I be better to go ...
Sean McDonnell
Down Payment advice for a SFH w/ in-law suite
My wife and I are in the process of purchasing our first investment property. It is a SFH with a separate in-law suite that we are planning on renting out on Air B&B or to a long term tenant. We are amidst the bi...
Willie Banks
Lender Wants to Lend Based On LTV Purchase Price
How does the loan process take place when the Lender loans base on the LTV and the Purchase price and not on the ARV?
Account Closed
Weird Central Air problem
I have a weird problem (at least it's weird in my opinion) issue with central air. In a 2 story townhouse, the air doesn't seem to be getting up to the 2nd floor. I had a new HVAC installed a few years ago and it di...
Joel Shupe
Financing Question - Cash to Conventional
Hey all, newbie question here:I have identified and negotiated a solid deal - numbers beat my targets, and I would hate to let this one slip away. The gist of it is that the seller wants a cash deal, and doesn't want...
Javier K Perea
Seller to pick up sub flooring cost...
Hello,I am currently in my due diligence period on a 2 flat that was recently remodeled within 10 years. After walking the property with my contractor we realized that the second floor unit will need to have the floor...
Richard Cook
VA Loan: Worth Shopping Around?
So, we're active duty military and looking at using our VA loan at our next station, Sheppard AFB in Texas. Been looking around at rates and I'm getting rates between 3.6-4% It seems that there are a lot of fees that ...
Josh Edge
Partnership put - bridge loan or similar
I’m in a 50/50 partnership. Rural land in central texas. I’d put the value today at 1.2mm and debt is 200k. I plan to put it to my partner in the next year slightly lower than 1.2mm. I’m 90% certain she is a buyer at ...
Ivonne Pinedo
Negotiating Title Company's fees
Hello BPer's,I am closing on my second rental single family home this upcoming Tuesday and need advice on the title company fees. The first company just charged title insurance $472 and title settlement fee $125. Comp...
Jonathan Farber
Closing costs on property
Is it possible to pay more to close on a property than what is shown on your HUD 1 doc? I just got a property under contract in New York. I am reviewing the HUD 1 Doc and the total "cash to close" figure is lower th...