Matt Smith
No NMLS lender ok?
I am buying a condo hotel. The loans are more difficult to get as expected but one lender and a good rate except one. However, they are a commercial lender apparently (not residential) and have no NMLS. Is it legit? A...
Shawn Coles
Title Compaies (Investor Friendly)
Hello all,
I wanted to know if anyone in the Houston Tx area has used “The Flipmans” one page contract I was recently told a lot of title companies do not like dealing w/one page contracts here anymore and I will be ...
Sean Dougherty
LOW APPRAISAL and a creative solution?
Hey all,So I am in process of selling a flip. Market is going crazy here in Hawaii, so I am getting many offers way above asking price. Unfortunately I do not think the home will appraise at those prices. All offers i...
Colleen Hagarty
Buyer in default - Seller recourse?
Hello fellow BP'ers! Hoping you can lend insight and feedback on the following scenario: Seller lists home = 5/26. Seller drops price 3.6% = 6/15 (21 DOM). Buyer makes full price offer at reduced listing price = 7/6....
Toby Hyatt
Finding the address of vacant lot
Hey guy, first post here! I seem to have exhausted the people I can get get ahold of to ask this question to, and get a helpful answer from, so I figured I'd give it a shot on here. Basically, I stumbled across a vaca...
Tom Doherty
Commercial Loan Question
Good morning BP,I listened to the most recent podcast about BRRRR and Partnership (Great episode). @Brandon Turner mentioned something along the lines of a balloon payment on some of these commercial loans.Couple ques...
Mike Terry
Help with creative financing strategy for neighbors house
Hi BP community, I would like to request your help. I have an elderly neighbor that I have known for 15 years. She has recently been admitted to a memory care facility. Her home is free and clear and her sister wan...
Elvin O'Neal II
First BRRRR Preparation
I am preparing to execute on my first BRRRR project in Atlanta. Thanks to the previous posts, articles and, the BRRRR book by David Greene; I feel that I have a good foundation to jump into this strategy. As one of ...
Phoebe Bright
Angel Investors - the refinancing process
Hi there, I am looking to buy my first doer-uper property to rent out and am looking at working with an angel investor to help fund this. I am getting a bit confused as to how to pay the angel investor back in one lum...
Pramod Ponna
How to screen potential tenants?
Hello. I am new to real estate. I have a few questions about tenant screening.1) Do we screen all the applications simultaneously or screen one application after another based on first come, first served?2) If two app...