Michael Dunn
Portfolio Loan ..... And the " Normal " stipulations that
come with themSo I spent the good part of 2 hours, browsing and reading through a good bit of Information regarding Portfolio .... Loans, Lenders, and the stipulations that typically come with this type of loanHere is...
Lisa Ryan
Seller stipulates two houses must be sold together
A seller is selling two houses that are on the same street separately, but they must be bought by the same buyer. One is listed for 50k and one is listed for 100k. Theoretically, if I only want 1 mortgage and have a l...
Nicole Nicholas
After stipulated judgement, DWP bill is sky high
I own a triplex under LA rent control. In court, I got a stipulated judgment for one of the tenants to leave and she was given 90 days to vacate. All 3 units are on 1 water meter and historically I have paid the water...
Charles Patterson
What Would You Do (Seller Financing Recourse Stipulation)
Not here to evaluate the deal, but to evaluate a stipulation that the seller has.The numbers of the deal works out to $100 per door on a duplex using seller financing on a free and clear property.However, during the n...
Lisa Sluss
Help in closing on property w/ 1031 stipulation
Hello all -I’m about to purchase some land to build a house on. The seller has accepted my offer but is waiting on me to sign off on some stipulations. One of those involves a 1030 exchange. Can someone help me wit...
Kazi R.
Stipulations to include in quadruplex P&S offer document
I am planning to make an offer on a quadruplex that is fully rented. I need to know what stipulations I need to include in such a document, especially stipulations regarding transfer of existing tenant lease docume...
Jack Tucker
What are your best "Special Stipulations" for leases?
Over the years of landlording and owning property in a college town, I have noticed that my Special Stipulations section in my leases have taken on some strange phrases and warnings to new tenants. It seems that e...
Jason Cote
VA Loan - tenants in place? Intent to occupy stipulation
I’m getting ready to purchase a 3 family that currently has tenants in place. I will be living there as my primary residence, but all three units currently have a lease in place. I’d most likely be closing in January,...
Mal K.
Loan stipulations to get a mortgage from the bank
Hi BP! I'm in the process purchasing a double for sale by owner without a real estate agent. The seller lives out of the country. The upstairs unit is currently rented out collecting 600 per month. Downstairs unit is ...
Kyle Meetze
Seller vacates before the stipulated date in U&O agreement
So I am buying my first house in Worcester MA. I am suppose to close next week and there is a use and occupancy agreement between me and the seller stating that he will live for 60 days post closing and pays rent to ...