Hi Lending Specialists! I was talking with a lender today and he was under the impression that loans processed through Fannie Mae’s Desktop Underwriter (DU) would not be subject to the dreaded due on sale clause if th...

I have a client who owns a 10,000 sq. ft. Flex building that he developed two years ago. He occupies about 3,000 sq. ft. and has been unsuccessfully trying to rent out the other portions for over a year.
Part of the ...

OK, here we go again!! Just received an approval letter from GMAC with a clause that reads: "THIS TRANSACTION MAY NOT INVOLVE A THIRD PARTY WHO RECEIVES A DEED PRIOR TO THIS CLOSING OR AFTER THIS CLOSING AND BEFORE R...

1. Can I buy a house with seller financing and have it so that the seller doesn't get any lien on the house? Would I be able to find sellers willing to do that?

2. Can I buy a house with seller...

Hello Community!

Does anyone check fsbo sales (not on the mls) when trying to comp a property out? Also, how would you check the fsbo sales? Tax records? Thanks in advance!

R...

Hi guys,We have a seller who's interested in putting their property under contract with us. They have an issue with paying costs at closing, however.Our contract states that they pay the costs of preparation and trans...

A common question I am getting from my foreign investors buying in the US is how they will be able to transfer funds to purchase property from their international account. Likewise, once they purchase the property, a...

So I found an apartment complex in Baton Rouge la. 4 units, ROI is 12%. But the realtor is telling me this:

“Also, I forgot to mention that if you will be required to pay one time fees for title transfers this fee wi...

Hello BP world,I am brand new to REI, so try to bear with me on this (lol).  My uncle and I sold a family property (belonged to my grandparents, but they passed). The house was owned outright, and sold to a buyer (cur...

Presented by Premier Law PLLCAccording to Florida tax regulations, real property without a homestead exemption is eligible for a 10% cap on annual increases in its assessed value for real property tax purposes.
This...