When negotiating key terms for a commercial multi-family purchase, is it customary to have informal communication back-and-forth before submitting a Letter of Intent? Or is it more normal to do all initial negot...
Hello BP Community,
I am a soon to be Atlanta Investor, with my first investment property under contract (side by side- with an unfinished basement), and it appears that I've run into a bit of a snag.
If there is an...
Hello,
I am wondering how this would work. Are there rules, particularly in Pittsburgh, PA, around what you must honor for prospective applicants if you change your rental rates and concessions? If for example you re...
I got this passed on to me, so please verify but from browsing the docs it seems HUD is considering making anyone that provides a loan a "licensed" mortagage provider:
HUD extends timeframe for comments regarding pro...
I am very new to Land Trust and all the possible uses of them, but I wanted to post something here and here opinions on the validity of this transaction. I will try to explain to the best of my ability what I have...
Hi everyone I am purchasing a property and in escrow. The old owner doesn't have all the info (like SS Drivers license, and list of all occupants) Does anyone recommend a form I can give to get all this from the tena...
I’m trying to understand how to go about purchasing properties that need rehabs with hard money then converting to a dscr loan after the rehab and new appraisal have been completed. If anyone could layout some basic s...
I am looking for a basic breakdown of documents/procedures/timelines for a Cash closing in Hudson County, NJ. I am familiar with the purchasing process using an agent and know that because of the Mortgage it is a pret...
Bigger Pockets members,I am looking for more information on the manual underwriting process.1. What documents are required to be considered for underwriting?2. Is this an option for any type of loan or just convention...
Hello,My husband and I are actively searching for a rental property. We decided we would take a HELOC out of our home for our first deal. We decided on the amount and are going through our bank to complete the paperw...