Daniel Dietz
Using HUD Fannie or Freddie for multiple duplexes bought at once?
Hello, I am looking to get some direction on the possibility of one of the loan programs geared at larger multifamily units such as HUD Fannie or Freddie that are usually used for larger multifamily properties, but f...
Jason L.
How Long to Wait for Tenant Response to Claim on Security Deposit
I sent notice to a previous tenant on making a claim on their deposit recently. I sent the notice via Certified Mail to the address the tenant gave me. The tenant was not home at the time of delivery of June 20. USPS ...
Will H.
CA Supplemental Property Taxes - How to Pay?
Hi there,Just got 2 supplemental property tax bills for a house I purchased earlier this year in CA.Anyone know if lenders typically allow the use of the money from an impound/escrow account to pay for these or on my ...
AJ Wong
BIG HELOC Energy: Why large equity lines can be hard to get and what to do instead
With many seasoned real estate investors locked into low first mortgage rates and large equity positions, many borrowers and investors have been exploring tapping second position loans like home equity lines of credit...
Ross Ellington
The Price of a Note?
Hey, good evening BP! I was wondering if the purchase of a note was anything like the purchase of a house? Meaning is their a type of payment plan or is it paid in cash for the note. Also, is there any science to pric...
Kenneth Crosby
Seller Financing Question
Good evening!
I'm looking to see if someone can please explain these terms to me for a seller financed purchase?
20% down. 2 year balloon. 12% interest only.
Thanks in advance!
Cindrell Harry
Commercial real estate lending (what to prepare)
Hello AllI am not a new real estate investor but I am new to seeking commercial real estate funding. I am looking at providing a 20% down for small apartment building ( 5 to 50 units) . I've spoken with a few commerci...
Shelby LeBlanc
Sheriff sale for HOA with existing mortgage balance
I have found a SFR going to be offered at a sheriff sale for the delinquent HOA fees ($5488). There is also an existing mortgage with a balance of approx $250K.I don't understand how this works. If am the high bidder ...
Brian Kempler
How risky is attempting to negotiate down loan balance on a sub2?
I'm reading "Get the Deed!" and the suggested strategy on underwater deals is to take it sub2 anyways, then try to negotiate down the loan principal balance and/or payment. Failing that, rent it on a long term lease o...
Christopher G.
Hard Money at Auction
I'm curious about how the process of using a hard money lender for an auction property. If the property is set to be auctioned on a specific date, and I would have to make the payment on that day, how do I go about ge...