Megan Yeardley
Finally getting around to this!
I've been meaning to do this for a VERY long time, but kept forgetting. I finally sent myself an email reminder, which I'm going to do from now on...but I digress.I am a 20 year old who sees value in things that are n...
John D.
Homesearch High Bid Confirmation question
I was the high bidder on a homesearch.com property last week, but the reserve was not met. I assumed that meant no deal, or that they'd call and perhaps negotiate. Strangely today, I just got an email saying the fol...
Brad E.
What are my financing options on this property?
Hi all - I found a property that is a single lot and has 2 separate standing structures that are 3 bed/1 bath houses. It appears to be a decent deal:Ask is $129KRent (total) $1500I reached out to a local mortgage bro...
Takahito Torimoto
Tenant taking advantage of CDC’s Temporary Halt in Evictions??
My tenant just sent me their "Declaration under Penalty of Perjury for the CDC’s Temporary Halt in Evictions".They moved in Aug 1. They have not paid rent for Sept, Oct, and now Nov.
Separate from the fact that I am...
Todd Whiddon
The Art of The Deal - Negotiating Strategies
Just listed a new rehab project for sale Friday at 155k, received an email this morning from buyers agent saying client is interested but "only approved" for 146k and needs 7k closing cost.
We are still making a kill...
Dawn Crudup
FHA Loan issues- closing dec 22nd
Hi,
My husband and I are in the process of buying a fixer upper through a FHA Loan. We just got the appraisal back and while going through it the appraiser noted that it doesn’t not meet the guidelines for FHA becaus...
Darren Nichols
Evaluating a property
Here are the figures of a property I am wanting to wholesale:ARV: $130k * 70%= $91k- $15k in repairs= $76k- $5k wholesale fee= $71kNow the 15k in repairs is speculation because I am going to see the property on friday...
Chris Jones
how do I find mortgage loan balances
hi everyone
i wanted to know how does an investor find a homeowners mortgage loan balance, like is this some kinda service you have to signup for or some website you must go to and etc.
the reason i wanted to know...
Christina Brooks
New from Charlotte
Hi All,
This is only my second post but I have been lurking and learning on BP for well over a year. In March 2011 I purchased my first rental. Since then I have purchased two more and currently have offers out on ...
Sophie Mia
Agreeing to buying foreclosed house before inspection?
Hi everyone,
I'm in the process of buying a triplex (foreclosure). It looks like it's in very good condition and should be move-in ready. I will be using FHA Financing.
The problem is that the bank gave...