Ruben Pereira
Need to Sell before HUD (2 Years) period is over
Hi BP! This is my 3rd deal, I have a good HUD opportunity and I plan to live in the house but not more than a year, then I’ll sell, what are the consequences of selling before HUD time is over? Thank you!
Will Barnard
The Summit Rumors
There is a rumor floating around that a big name person may make a surprise visit during the Summitt. Rumor has it that "The Donald" may be there!
Rich W is voicing concerns that he may have to go up against a top sp...
Umer S.
Loan process for newly build single family property.
Hello BP, I am in the process of getting a commitment letter from a Lender to comply with contractual terms. I am shopping around for the rate for a closing to take place sometimes in Oct/Nov but to get the builder kn...
Joseph Ayala
What does this mean on a “contract to purchase real estate”
I’m not clear on what this means on a “Contract to purchase real estate “ can someone explain this to me .“Buyer obtaining real estate mortgage for no less than ______ payable over ______ years with interest not to ex...
Colin Stalley
foreclosure title info Wyoming
Hello bp. Im am looking for help on how to make sure a title is free and clear when buying foreclosures in Wyoming. Any info in the foreclosure market would be helpful. Thank you all.
Evelyn Pecho
Greenwood Lake- equity or STR
Hi everyone, I am looking in the Greenwood Lake , NY area. My first goal was STR, but as a new investor. I am tight in money- barely can cover down payment. Now I found a single house,3 small bd and 1 bath with a ok v...
Cesar Perini
How do I classify a nieghborhood if I’m a out of state investor?
I’m looking into Cleveland OH and I see many potential properties to invest in. I would like a rental or try the brrrr method but I’m having trouble committing to a house when I can’t really figure out the neighborhoo...
Peter Walther
Title Insurance: Automated underwriting
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) ...
Carolina E.
Expunged Record, but....found newspaper about the crime
Hi BP. I have an applicant that may have a criminal record that was expunged. I have not run the background check yet, I just did a quick search on the internet. I found an article dated 10 years ago with their nam...
Daniel O.
Hard Money Lenders
How does a commitment letter written by a hard money lender work? if a hard money lender writes a commitment letter for $180,000 will this be the total amount loaned? will it be cash given to the buyer or directly han...