Mark Beekman
"Escape Clause" -- Could it effect my current agreement numbers?
I'm in the process of selling a rehab to a husband & wife who are doing a 100% financed VA loan.The house was under contract for $364k with a $5k Seller assist. Appraisal came back at $359k, so the new, negotiated...
Jack Slattery
How does a land contract work?
A couple want to sell me their home on land contract. Here are the details:1 They owe $52,000 with a payment of $409 P&I, tax & insurance.2 The bank won't let me assume the mortgage because I am an investor....
Dexter Lopez
Private Lending (Promissory Note)
Hey BP,I am looking to borrow private money from friends & family in California (without a deed of trust) for a property purchase outside of California. Does the promissory note have to be created for California o...
Garry Hervey
Land in Lieu Lenders
Hey everyone, I’m looking for a lender that can fit the below criteria. Any advice on who I should go to?- Can finance a mobile or manufactured home- Can finance to an LLC- Can use land as down payment for the home
Rita Solomon-Moore
Buy & Hold Question-What Should I Offer
GM Everyone,Looking at trying to work out my first deal (hopefully it is a deal). Not sure of the overall numbers, but I have been working out some variations for the last couple of days. There are 5 properties bein...
Jamie Quint
Bank Account Structure Help Needed
I may be inheriting management responsibilities for a few rental properties soon. The current setup is a mess, with funds intermingled between buildings for cost of repairs, maintenance, rental income, etc.
Is there ...
Erik Romo
Need help on how to assume a mortgage.
Hello everyone,
I need help in what steps do I need to take to asume a mortgage.
Thanks for your help
Jesse Brown
Using Et Al in a Purchase Sale Agreement
I am in the process of signing a wholesale deal for a single family house owned by three siblings that live in three different states (Washington, Oregon, and California).
None of them are tech saving so docusign, ...
Vincent D.
FNMA and FHLMC doing it again?
Hello All.
I think it's safe to say that by pushing banks to make ridiculous mortgage loans leading up to the "implosion", and promising to back these loans (with dollars it did not have) in the case of default, was ...
N/A N/A
Just Starting Out - What to Do?
Hi Guys,
This is my first post here. This is a great site. I read the forums daily. I just need some general advice. I'll try to make this short.
I'll be graduating school in May and will have student loans to r...