Pamela M.
FHA Loan/lender issues
Hi all,I am in the process of buying an owner occupied multifamily (3 unit to be precise in Newark). This has been an ongoing saga. I was aiming for 5% FHA which I was approved for. But there were so many silly issues...
John K.
Sellers financing - who propose initial terms?
Hi everybody!,
tomorrow I will be sending in my offer for an investment five-unit property with a seller's financing. Even though I bought a few properties already, never with a sellers financing.
I know how big dow...
Josh P.
Please help!! What if I'm the one creating the comps in a neighborhood?
I'm about to purchase a multi-family property about 3 blocks down from one I already own. The price I'm paying for it will no doubt create a decent comp amount relative to what I now owe on the first multi family wh...
Kerry M.
Eviction of unwanted family member in Maryland
A friend has let her family member stay since Dec 30 in her basement. However the family member is not following house rules and becoming a problem. What does my friend need to do
Gretl Anne Fortuna
Renting out rooms in Chesapeake, VA area
Hello BP! Basically the title. Pros and cons? Did you have to get permit/have the place inspected? How do you file for tax? What are the things that you would consider?Thank you in advance!
Andrew Gordon
BRRR: Lenders won't use ARV for cash-out refi for a year
Basically, I am talking to lenders to get lined up to do a BRRR in the next couple months and everyone I have spoken to has told me that you can't use the ARV to cash out refi unless you have owned the property for at...
Account Closed
is this the correct order?
my neighbor has a house in bad condition.
1. ask my neighbor if she is interested in selling?
2. have RE agent run comps ( do i have RE agent do anything else?
3. have someone see how much repair ...
Eddie Hong
Impact Fees - Direct Infrastructure Improvements?
My company is developing in a Master Planned community with a fortune 500 builder that owns about 90% of the project. Some roadside, water, landscape, and light improvements still need to be made for the project to be...
Brittany Smith
Purchase and sales agreement
All of my fellow wholesalers, when I get the purchase and sales agreement signed, do i take it to the title company or real estate attorney with a deposit of $10 to bind the contract, is that correct? Also at any time...
Timothy Casallas
Noobie Question on Refinancing
This is going to be a real n00b question but I am new and I always get confused about refinancing. The down and dirty is I bought a house for 135k with a VA loan so 0% down payment. 2 years later the house is appraise...