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I'm in the process of making an offer for a Fannie Mae Property. Just received a rather long (17 pages) Addendum to the Purchase Agreement from the realtor. 1. Para 4a requires a declaration whether the property is or...
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Hello to all, I came across a situation today while trying to make moves on my first ever rental property purchase that I wanted to share to all new REI's and get some advice from experienced ones as well. I came ac...
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Was wondering what is your guys' thoughts on buying a foreclosure occupied property in Memphis?I think the previous owner is occupying it, I would offer cash for keys but just in case I will to start an eviction - I w...
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I just looked at a Fannie Mae foreclosure and one of the first things I noticed was the caution tape all over the back concrete patio. The entire 10'x10' patio was upended and sloping towards the foundation. It's a...
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Hi,
I intend to become a real estate investor, but to learn my local market I first plan to become an agent/broker. I've noticed different types of brokerages and am not sure which would best suit my end goal...
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HELP! Short version. I am in process of purchasing an investment property in New Jersey. As I am preparing my documents for closing. I discovered my current mortgage is behind secondary to an increased in December...
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Hello BP,Currently house-hacking a duplex purchased at the end of May using private money but am running into the road block of finding a bank in my area that is willing to work with a Quit Claim Deed. Obviously I am ...
I'm wondering if anyone can help me with this question. Filed chapter seven last year, included the house (surrendered) and was discharged Nov. 2017. Am presently living here saving money for next home, and because I...
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Hi All!
My experience in multifamily thus far has been in the 1-4 space. My future goals involve larger properties and would like to start setting myself up to attain them.
What are the qualifications on larger mult...
Purchased a condo at short sale. Existing tenant is long term tenant. Seller was a disaster, so do not have a ton of background info. Their original lease expired and they were month to month with no security depos...