Can a lender drop it while getting a house "subject to", for example? What would be the documentation? Is it possible at all???Thank you
I'm new and I work with a team who is helping me get started. I was provided an on market house to call the listing agent. The homeowner is open to seller financing. They want 17% down ($68,000) down, Monthly payment ...
Hello BP,I was wondering what I could offer to seller's as far as a seller-financing option? I'm looking at apartments in my area that go for $300,000 to $750,000 and they are relatively motivated.Do credit unions all...
I received a call from an absentee owner. He owns a property in a working class neighborhood that I've been marketing to. The property is a 2br/1.5ba & is currently rented. It's worth around 100k. Owner is asking...
Hi All,I'm looking at a package of multifamily buildings (~30 units in 5 buildings) in PGH, in the Friendship neighborhood (They're all off of Friendship Ave, between Penn Ave & Baum Blvd). I was hoping someone co...
Name 3 of your top business/ entrepreneur books/landlord booksThanks guys! I just finished reading 4 hour work week
Have any of you ever heard of an Engagement Fee for refinancing?
LENDBASE has the following fees
Conventional:
1% origination fee
$500 doc fee (est)
Title Work TBD
Appraisal $2000-$3000
Environmental $0-$20...
Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...