I've previously mentioned that several title insurance companies are trying to move to automated underwriting. Based on my experience I don't know how you write a program that as stated in the article, identify(ies) ...
If I wanted to structure a deal to buy a MLS listed property and it is an owner financed deal, how would the realtor make their commission? Would it come from the down payment that I negotiate with the seller/seller's...
I have a tenant who is a visiting scientist from China. He is having issues mailing the check. His preference is to bring it to my husband's office, as they work on the same campus. THe first time he did this because ...
Hi all, Sorry for the bad news. Just yesterday I thought that evictions filing of non-covered properties by the Cares Act should be resumed when the courts reopen June 1st. I guess I was wrong... See the governor's or...
we are purchasing a 16 door unit. Received loan docs and there are the following conditions. Wondering if this is normal as its our first commercial loan. Provide yearly tax returnsProvide leases and tenants informa...
I have a friend that had someone else managing their money. Several mortgage payments were missed. I guess the bank had someone drive by the house and saw that it’s in terrible shape. They determined that it would ...
This white sounds like a silly question, What is it ever a good idea to do a cash out on a free and clear rental property just for the sake of locking in some cheap money? Even if there's no immediate plan for it. Fig...
Long story short, I was in Home Depot buying paint at the paint booth chit chatting with the employee and he said he worked with a "professional painter" for 20 years and gave me his number. I called him, we met, nego...
I live in Chicago, and I'm closing on a 4 unit property in a couple weeks. We plan to make one of the units in the building our primary residence. The mortgage laws, as I understand them, require us to move into the...