Good afternoon BP and I appreciate everyone's time looking at this. So after a few discussions and also having gained about a year's worth of experience in a CA management firm, I'm considering vacation rentals in/ar...
Why would a seller care about the amount offered on a property if the property has to go to short sale anyways?
Example:
Listing price $120
Buyer's initial Offer: $95
Seller's counter: $115 (short sale)
Buyer's coun...
I’ve seen short sales pop up in my area. Just curious the pros and cons of purchasing a short sale if anyone can share some insight. Thanks!
Ok so here is the summary. A class C apartment was bought by my friend not too long ago. I invested 20% as a silent partner and there are two other partners. The loan balance when the complex was bought was $2 million...
ADAPTIVE REUSEWhat is there to know?Urban centers, suburban regions, and rural areas grapple with a significant deficiency in affordable housing. Simultaneously, the repercussions of the COVID-19 pandemic, coupled wit...
I own two properties -- my condo and my house. I live in my condo and it is a very manageable mortgage with Chase. After everything shakes out, I only want my condo.I also own a house in Hawaii which is listed for sal...
I entered into a short sale contract June 3, 2016. The bank has taken a long time to approve and now they say we need to close in 3 weeks. The seller is now concerned that he may have income tax liability on the amo...
I am in escrow for an investment SFR and the home inspection revealed issues with the electric wiring. I got two estimates for repair including fixing a fire hazard condition in the wiring coming from the street throu...
We are deciding between several loan options in the ~75% LTV range.Non-recourse options are ~1% APR higher than full recourse.We are also leaning towards fully amortized 30 year options, as opposed to their 5 and 10 y...