Ryan Fleming
Renting short sale property during negotiation
Whoa boy I'm getting prepared for a lot of information that I don't want to hear...
We have an accepted offer on a short sale as of April 28, 2010. Wells Fargo has both the first and the second on the property and ha...
Darius Kellar
Properties are being hogged from the Public Market.
I've notice that properties are being sold with the printed line "pending at ink" which means the seller accepted an offer before the property gets released on MLS. What I believe is really happening, is that properti...
Terry Royce
Earnest Money Deposits and contingiencies/clauses
In my contracts in says sellers exclusive remedy if buyer fails to perform is to keep earnest money.
However, if I back out due to my financing clause I still get to keep my earnest money correct?
My main point is ...
Hart Hagan
How Lease Options Work
Ok, I know this is a big topic, but I have some questions about how lease options work.
For example,
If I put a house under contract, should I seek to get an exclusive right to market the house? I've heard some say...
Kyle Meyers
Making first REO offer
I am about to make my first REO offer, any advice on getting it accepted or what to expect would be greatly appreciated.
I read a BP blog post about how to get my offer accepted, and I am planning to remove the inspe...
John Jacobs
Private Lending: Is this an issue with Dodd-Frank
I have been asked to make a loan with a 3 year balloon. The borrower who is in real estate characterizes the purchase as a "live in flip." Nevertheless he and his wife would be living in the home. I had a concern a...
Greg Hoffmann
How best to encourage online rent payments?
Hi BP!New self managing landlord here. I'm going to be signing up with Cozy/Apartments.com and love the idea of tenants paying online. In CA we can't mandate they do so, so how best to encourage them to do so? Can th...
Marc Willis
Due Diligence
Hello,Looking to buy a couple single family homes in my area, fix, and sell. I need to approach a realtor with experience in my target area to pull mls comps, cma, bpo and any other relevant info that will help me in ...
Sandy Sandy
Insurance coverage for 6 unit property?
What to look for when taking insurance for a 6 unit property?
Chelsey Willett
Question about NY state real estate law
I currently have land listed in New York state and am now questioning whether I should actually sell it. I know that if I get an offer, I don't have to accept it. However, if I do get an offer for full price do I ow...