Greg K.
Very strange Short Pay/Sale clause in banks agreement
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Daniel Lipetzky
Input on first deal! Subject to -> 'rent to own'
So we are meeting with a potential seller on Tuesday for a house which we're hoping to get under contract subject to the mortgage. Just looking for some input on our evaluation of it to make sure we aren't missing so...
Corey Dutton
Top 3 Reasons a Hard Money Lender Will Turn Down Your Real Estate Deal
I recently did a survey of all of the hard / private money lenders I know in the industry. I also posted the survey on LinkedIn to get answers from the hard/private money lenders I don’t know. The question I asked the...
Nick Sansivero
Bank of America announces zero down payment loans
Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...
Holly Jackson
Landlords: What would it take to get you to allow pets?
(Myself and the slightly disheveled dog that's causing all kinds of grief as we rental house hunt)Hi, everybody. My husband and I have been looking to rent a house in the Seattle area. I am a dog owner and I am findin...
Scott Trench
What's the Deal with all these Deals?
I was debating this the other day with a friend of mine - why is it that investors seem to really be focusing on finding as many deals as humanly possible? It seems like everywhere I turn folks have the strategy of "a...
Bobby Larsen
What has caused 10-20% rent growth and will it last?
I don't think I've been this cautious in a long time. I think there are still good opportunities but some markets are just bonkers. I'll caveat this by saying it's not just real estate, all investable asset classes se...
Rall Hanna
drug dealer in home
Please assist....I have a drug dealer for a tenant. I actually saw the person dealing. My immediate reaction was to call the police and evict him. Then...several things came to my mind.
a) If I have him arrested,...
Jacob Carlson
BRRRR Method Question
Hello Everyone, My wife and I are new members and are excited to be a part of BP! We currently own one SFH property in Indianapolis. We got this property through Morris Invest (They are awesome by the way)...
Winnie Rim
Home Depot or Lowes?
Trying to find a great experience with one long term service for my flip constructions, which one has better discounts or deals, Home Depot or Lowes?