Kwesi S.
Good Deal or Bad Deal??
Good afternoon,
So I made an offer on a 2 family which also includes a store front in Brooklyn, NY and my offer was accepted at 435k. after sellers concession it brings the cost to $461,100. I will be get...
Mindy Jensen
Do you give the other agent a gift?
Do you, as either seller or buyer agent, give the other agent a gift at closing? How much do you spend? What are some things you have given? Have you only given when you are the listing agent or only when you are the ...
Joshua Pavao
Can a tenant break a lease for this?
Hello BP, I'm curious if a tenant in Florida can break a lease due to an A/C not being repaired.Firstly, I am the tenant, and have been having some problems with maintenance. I haven't exactly been a nuisance about it...
Scott Alfano
Private Money vs Hard Money Loans
What have your experiences been like for each loan type? When doing private loans, what kind of interest % are you usually offering to pay? Lastly, what kind of calculators do you use to determine total interest owed ...
Nathan Waters
Refinancing with a non fannie mae lender near chicago
I recently bought two SFR's in the joliet illinois area. Now that the rehab is almost done, I am looking into getting a loan on the properties to obtain cash for a new investment. The few traditional lenders I have sp...
Chan K.
Who is negotiating closing date after P&S (Boston)?
Hi BP,I would like to confirm that if it is still buyer agent job to help negotiate the closing date after the P&S?So, the fire alarm test for my new purchase failed, and seller needs time to address it. Seller wa...
Mike Fontaine
Massachusetts Tenant wants to pay 9 months up front
So we are showing an apartment and a tenant came back clear but she wants to pay 9 months worth of rent upfront immediately. I tried looking up any problems with this on mass.gov but couldn't find a thing. Could anyon...
Benjamin Foullon
Looking for Financing
Hi everyone! I found a duplex in the Cleveland area that is listed for 85K and rents come out to around 2k/month. I would like to use a DSCR loan, but I've heard that you can't use DSCR loans at that price point. Is t...
Ivan Ivanov
How do you communicate with your tenants-text vs. email vs.letter
Hi all,Is text and/or email an acceptable way of discussing pending issues with your tenants? Or does any communication regarding rents, fees, utilities, etc. have to be done via mail? If for some reason you end up in...
Basit Siddiqi
How to Appraisals work?
Hello Everyone,I am here wanting to fully understand the appraisal process and I would be appreciative if anyone can give me feedback.I am also appreciative if anyone can provide some resources such as articles or boo...