Brian Gibbons
CFPB and Credit Repair - Beware!
Below is today's CFPBs Bulletin on Credit Repair Companies (Fraud)I have assisted Tenant Buyers get mortgages with damaged credit and high DTI since 1986.If you are recommending some credit repair companies to tenant ...
Greg Flannery
Fixer Upper Condo Divorce Buyout
Trying to offer ex an amount for condo were both on title and mortgage for. How do I get an accurate value based on HOA financial health and interior defects? Something in writing I can use in court to argue what the ...
Jerrold Stallworth
circumstances where lenders OK short sale for investment property
Hi all,
I looked throughout this forum for an answer but did not find one.
An associate of my has an investment property he desperately wants to sell. The property is comp'd at about $125K but he owes about $180K....
Eli Finman
How to evaluate REO multifamily
I am looking at a bank owned multifamily, 200 units in FL. There is no T12, just a rent roll. Does anyone have a method to analyze this and create pro-forma without T12 expenses? Does anyone have standard pro-forma ex...
Joe Robinson
Set for Life Book Review
I won't provide too many details to avoid sharing information the author would likely rather me not, but I just finished reading Set for Life by Scott Trench. I wish I had read this when I was far younger (although it...
Brandon Trafford
New To Multi Familys
Hey Everyone,I've been listening to various BP Podcasts and reading a lot of forums about multi family and apartment complex investing but I know that you guys answering my questions will most likely lead me to my mos...
Patrick McCracken
Question about closing costs?
Hi, new Pro member and have a question about the rental property calculator. I'm trying to figure out what needs to be included in closing costs. I see a lot of people use a low % (2-3%) for closing costs but shouldn'...
Manuel Martinez
Commercial lease with a SNDA
Can I create a 99 year ground lease with only a non disturb agreement and no subornation agreement. basically have a teanant have all the benefits of the property with out any back lash of the owners financial respons...
Jason Bohling
A Question About Agent Success and Demographics
Hi, everyone! A friend and I were having a discussion about the correlation (if there is one) between being a financially successful agent and population size. I figured asking professionals on BiggerPockets was the...
Dan O'Neill
Feedback on commercial multifamily
Hi,Looking for some feedback. There is a 8 unit property in my area. The list price is 723k and the agent has stated that 80k is considered the value of vacant land which is being sold with the buildings. If I take ...