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Results (1618)
Rasheed Hope REO PROPERTIES IN SOUTH FLORIDA
7 June 2016 | 2 replies

Is it just me or are entities like Fannie Mae and HUD listing there assets at market value more frequently nowadays?I constantly see homes that are bank owned listed at market value even when we give a BPO for less du...

John H. Time it takes for realtor to submit offer..
29 March 2010 | 6 replies

When you put in an offer through a realtor, with a 48 hour response time, is it normal for the realtor to wait until the last minute, get all other offers in, then submit them at once? My last offer was full price an...

Jack Yvars Refinancing help and question
9 July 2019 | 11 replies

Hi, what is the % I can take out of a home if I am refinancing an investment property? I’ve heard it’s 80% but a loan officer told me 70%? Anyone done this and know the answer?

Mike Mcginn LLC as Mortgage co-signer
30 September 2011 | 9 replies

Can an LLC co-sign on a mortgage loan? I have clients who want to purchase an investment property together. One partner is in a good financial position. The other partner has cash, but his ratios are terrible becau...

Terry Royce Estimating Closing Costs
20 May 2008 | 10 replies

Is there any easy way to estimate a general amount for closing costs?
I am looking at a 44K REO, and I want to have a good idea what I am going to have to pay upfront if my offer is accepted.

Taynia Aarnink Homepath Negotiation Tips
14 September 2014 | 7 replies

Hi all. Hope you're doing well.

I put a bid on a Homepath property yesterday at 10% below asking. I've been doing some research and it seems the typical process is they will counter with a reduction in aski...

Orion Walker Got this one thanks to BiggerPockets
5 October 2015 | 28 replies

A few months back I posted a question about renovation loan options. We needed a renovation loan but weren't eligible for 203K because we currently have an FHA loan. Big thanks to @Mike Martin Who suggested we look in...

James Hall Question about investor friendly lenders
18 October 2018 | 8 replies

Has anyone else noticed that it seems that the people who have the least understanding of money, investing, and profit and loss are bankers???Seriously though, we own 17 rental units; a five plex, a four plex and a ho...

George Smith Banking Refinance Question
3 July 2020 | 3 replies

I am looking to purchase another rental and want to make sure I know where I stand with my refinance options after I rehab and rent it out from an initial cash purchase. There are the following questions I plan on ask...

Matthew Peterson Auction Process for Fannie Mae REO
7 June 2011 | 12 replies

Can someone tell me the basic in and outs on the best approach for winning a Fannie Mae auction. The property was listed for sale for quite awhile. I had my agent call to make a cash offer on it and the REO agent said...