Justin A.
cash out refi when BRRRR-ing
Hi BP!I had some questions regarding cash out refi portion of the BRRRR strategy. What are the main criterias that lenders look for when you go to apply for the cash out refi? 2 year tax returns, seasoning period, cer...
Corey Dutton
Mounting Compliance Costs Eating Up Lender Profits
According to an article from MPAMag.com, lender’s profits have been affected by the high costs of compliance that have been mounting since 2008.
According to MPAMag.com, “Production expenses in the third quar...
George Adkins
Real Estate Salesperson Exam Study Tips
Calling all California Real Estate Agents!!What’s up! Hope everyone is well and healthy during these times. I passed my 3 real estate courses (I took Principles, Practice, and Legal Aspects) and just turned in my form...
Justin Bowman
House With Foundation Issues
Hi Everyone, My wife and I live in Texas in the DFW area. We are looking at purchasing our first home that we plan on turning into a rental property eventually. The house has had foundation repairs a couple years ago,...
Phillip Austin
TREND - PM companies offering financial assistance for security deposit down payments
As a professional property manager, I'm coming across an interesting trend related to institutions providing financial assistance for tenants who have trouble paying their security deposit and I would love to hear fee...
Ketan Pattani
Form 4562 Land question
I have a non-residential rental property that I leased out last year and I am filling out Form 4562 for figuring out MACRS depreciation(39 years MM, SL). I assume the basis for depreciation does not include land. I ...
Thomas Lin
MLS Access without joining an agency?
Hi guys,I've been reading Brandon Turner's book and he wrote that it's not a bad idea to obtain a real estate license in order to access the MLS. My question is, in CA is that all we need in order to access the MLS? O...
Tony Soprano
Oklahoma Wholesaling question concerning contract.
I'd like to pretense this question with the fact that I'm not a real estate wholesaler... yet. I'm laying out the logical steps and examining a potential business plan before diving into something that appears so app...
Jonathan C.
Need advice on County Treasurer Trustee Auction
Hello BP members, newbie in REI needs help and advice....I was driving for $$ and came across this boarded up vacant property. Start to lookup the address and found out that it was foreclosed 2 years ago for several t...
Glorione Murray
Realtors, Agents, and Brokers
I'm in of foreclosures, reo's, and short sales in the Essex County, Nj area. Please leave responses in the comments.