Joe T.
Screwed by lender, any recourse? Out $2200
So my lender did a pre approval on me about 4 times and I confirmed with them several times that I would be able to get a loan on a non-owner occupied duplex. Fast forward to 2 weeks before closing (yesterday), my len...
Megan Randolph
Brokering or Wholesaling Notes
Hi so I'm somewhat new to the real estate investing world. I have been soaking up as much information as I can from different outlets trying to decided what avenue to pursue and originally I had thought buy and holds ...
B Cory
The Investor Proof Short Sale Approval
As most of you may know, Wachovia (A part of the Wells Fargo Company) has come out with a new Short Sale Approval letter stopping investors from buying the property, and marketing for a end buyer or putting a end buye...
Hunter Harms
Creating a design guide for contractors?
BP! Here is the situation:I am a first time investor and and am looking to purchase a foreclosure to rehab and resell. I have been really working on creating my systems to ease the process of a flip, as well as set up...
Rodney Kuhl
Indianapolis - How can I change the title from my name to my LLC when the loan is in my name?
I invest in Indianapolis, and I am closing on 2 more rentals in the next couple of weeks. I have been working with a great lender and I have been able to lock in low 30-year rates, which is definitely a great thing as...
Attila Bertalan
Broker/Agent/Investor Dillema
For the past few months I placed investing on hold to study for the California RE License.My excitement of receiving the license in the mail is abruptly turning into disappointment. I got my license mainly for MLS acc...
Brian Ortiz
CPA will not draft "comfort letter" for self employment
Hi Guys,I am 72 hours away from closing on a home, and my mortgage company is demanding a "comfort letter" attesting to my self-employment. The CPA who filed my taxes won't touch this and they just rejected another CP...
Account Closed
Is Quiet Title the next alternative?
Long story, but wondering if Quiet Title is reasonable. WAMU loan 2007 - defaulted 2009Loan Modification Process since 11/2009 - present. No acceptance or denial.15+ foreclosure sale dates postponed.Have requested acc...
Rohan J.
I still don't get why Homeowners would sell via Seller-Financing
Hey BP,I've read a lot about the pros and cons about buying rentals through seller-financing, and I'm still unclear on why a seller would be interested in selling his property through this method. I'm trying to better...
Feng Ye
insurance cost for older investment houses?
Hello there,I am thinking of buying my first rental in Florida (either Orlando or Tampa), however I was warned by a friend who bought a few months ago and had to spend 3000$ on landlord insurance. He said that there a...