Theresa White
Can my SDIRA lend to my husband's SDIRA?
Hi BP folks,So I've googled until I can google no more! I cannot find an answer to this question:Can my husband's IRA buy a property with a down payment, where the rest of the purchase price is covered by a private m...
Joe I.
How oversaturated is flipping in South Florida?
I'm a CPA and I live in North Broward and work in Miami-Dade. I've always wanted to get into rehabbing, but I'm concerned that the market is very over-saturated with flippers.I have about $45k in cash and excellent cr...
Brett Martin
Getting out of a 203k loan
The s.o.r. according to all 5 contractors we've met with said that it looked like 3rd grader drew it up and the actual quote of 54900.00 to do the work was off by 30000.00 . Low balled he'll out of it. The contract sh...
Mark Hu
Loan conditionally approved, can release contingency now?
Our loan is 'conditionally' approved. So is it safe to remove the loan contingency in our escrow? Or not?! I know after contingency is removed our earnest money is toast.
Thanks
Edgar Ruiz
Selling property under chapter 7 bankruptcy
I am currently in a situation where I have took over the mortgage payments and had the property deeded over to me. A year later and I am finally selling the property. The problem is now that I'm about to go into escro...
Tomer Sonsino
GA Real Estate License test
Hi everyone,I am planning on taking the Real Estate license examination. I was wondering if anyone knew whether or not 2 real estate courses I recently took in college would qualify for pre license education. Also, i...
Eric Davenport
Foreclosure Investigation Tactic
Hello everyone!
I received a tip about two houses in my area that have been foreclosed when the person who owned both recently passed away. After checking the PVA it looks like his estate owns the houses. Where do I ...
Dan Santos
Sandwich Lease in Ontario
Hi BP, I have been told by a realtor that sandwich leases are not legal in Ontario. I am looking to canvass the Ontario BP community to see if anyone has recently completed a sandwich lease and if so have you had succ...
David B.
Design and Construction Progress-Based Payment Schedule
Any feedback on this progressed-based payment schedule for a $450K remodel project?Should there be more specific milestones like flooring, appliances etc? Possibly withhold a little more for job completion? Maybe 15%....
Account Closed
Using LOC to buy and cash-out refinance after seasoning?
If I were to obtain a personal line of credit to combine with my own capital in purchasing/rehabbing a property, how would this affect me when it comes time to cash-out refinance?