We got a counter offer on our bid. We are not sure how much to set our final and best offer at. My question is, does the bank ever re-negotiate after the inspection if something major is found? Our realtor says no but...
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Fellow BPers, could you please advice on the close of a multi-family deal? Is there any difference between regular SFH and the MF? In my specific deal, I have 30 days to close and I don't have a broker/agent on my e...
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Can someone recommend a good book on RE negotiating?
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Hey guys I'm wondering about a few different finance options on a larger scale flip.I found a 4 bed 2.5 bath on 6.8 acres about to go into foreclosure. It's been on market around 100 days, they're asking 115k for it. ...
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Hello everyone,I already setup a new LLC for several properties that was rented as our family investment property. I have not yet done with filing the quit claim deed but I talked to my lender and they are okay with i...
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So I am going through the lending process with another lender and we just got my rental appraised last week. Now Quicken, who has the current mortgage, has gotten the notice that I’m about to pay off the loan and then...
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Would love to learn from the community on what is the better deal for an investor. Bank A is offering me 3.69 5 years fixed 30 year amortization - CIBC is offering me 4.89% 5 years fixed 30 year amortization but with ...
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Hi all, I just sold a property and am in my 45 day window with a 1031 exchange to identify a new one. I did so early on and went under contract, but the inspection revealed MAJOR structural issues that cause use to te...
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Should I offer due diligence money as part of my bid? I understand this is different than earnest money. Thanks!
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I have a question for investors: as seasoned investors, do you pay for a home inspection? Why or why not? How does that home inspection help you come up with a quote for the deferred maintence in a property? Thanks!