William Brown
Owner of Real Estate Settlement Firm Approached me with $4MM
Have made a connection over the past couple months with this owner, and he does quite well for himself. He came to me saying he has friends who are from Greece that have about $4 Million Dollars they are looking to pu...
Greg Protiva
Referral needed for settlement attorney in NC, contract for deed
Hello everyone, I am planning to sell my two rental properties to the current tenants under an installment sale agreement/contract for deed. I have never done this and need a referral for an attorney that can handle ...
Joseph Scorese
The Impact to the NAR Settlement for Real Estate Investors
The recent settlement involving the National Association of Realtors (NAR) is set to have a significant impact on the real estate industry, including for real estate investors. Here's a breakdown of the key implicatio...
Anthony Venezia
Help! No U&O Completed Before Settlement on My First Rental
Hope everyone is staying healthy and sane during these crazy times!So I have a situation relating to the U&O property transfer, or lack thereof, for my first rental property. I cash purchased the property back in ...
Satha Palani
Possession and ownership after closing - VA state
Hi,I just closed on a house sold by Fannie Mae. At the closing table, my agent tells me the settlement agent / sellers agent instructed her not to give me the keys. Wasn't in a mood to argue, especially since my agent...
Matthew Vorce
First Duplex Closing Costs
Hello BP!I am working on closing my first duplex deal in Mount Clemens Michigan. The duplex is 2 - 3/1 units with a price of just over 100k. The loan I am using is an FHA loan with 3.5% down. I received the closing co...
Tarik Hodzic
Post purchase shadyness
Hey all, I just bought my first investment property, a triplex. All of the numbers made sense and overall I'm happy with the purchase but there are some post purchase issues i am hoping to get some advice with. The tr...
Jack W. Wong
origination charges
Hey all,I'm buying my first personal residence in Houston and the company said if I use their mortgage broker there will be a 4000 closing credit. send me the prequalification letter with the following origination cha...
Joe Gemma
Rental Inspection
Hi all!Settling on a single family investment property in early September and one of the settlement contingencies from the lender is "Evidence that you have registered the property with Baltimore County as a rental un...
Dean Letfus
Depreciation on Insurance Payout
We have just made our first claim after major water damage in a rental. The insurance company deducted nearly 6K off the payout for depreciation? This makes no sense to us and we have never heard of it before. Is th...