GL L.
"Contingent on Financing" time limit?
Hello,I have an agent telling me that there is a time limit for financing and if bank does not come through or bails then I lose my earnest money? I told her I was going to find an agent who does not believe this...
Slade Harrison
Tenant wants to modify bathroom...thoughts?
Little backstory: Rental is a 1300 sq/ft SFH in a great neighborhood in Northwest Florida. House used to be my primary before moving into a bigger house. Been renting to this couple for the past 3 years. They pay via ...
Patrick McCafferty
Investor making an offer on a short sale
I like this property in my area. It is subject to short sale approval and it needs a lot of work. It is on the market for $199k, down from $329k. There is an $80k Home Equity Loan in first position, then a $175k an...
Account Closed
Refinance VA to Conventional to Reestablish Entitlement but...
Looking to refinance current residence from VA loan to conventional as a primary residence, however I am being warned that I will need to live in the current residence for at least one year.Has anyone else heard of th...
Kyle Kratzer
How do, folks. Newb with a Hammer.
How do, once again. My name is Kyle. Kyle Kratzer. I used to go by my first name Michael, when I operated Prodigy Plumbing.Hmm... Yadda, yadda, yadda and a failed Chapter 13. Now, I'm looking to get into business, aga...
Donald Williams
A question about double closing on Real Estate
I have a property under a purchase contract in the name of my LLC for $35,000. I put in some sweat equity and had some rooms painted and landscaping. I have buyers interested in the property and the selling price is $...
Edward Adams
is it TRUE that you can't do HELOC on rental property in TEXAS?
is it TRUE that you can't do HELOC on rental property in TEXAS?
Amanda Paugas
Owner occupied REO only
Hello BP members! I am looking to purchase and flip a REO, but the bank (WF) is requiring that it be owner occupied for at least a year. I am not looking to move myself, so does anyone know if there is a way around th...
Christina Swangim
1st position residential mortgage note, New Hampshire
Hi! I'm wondering if anyone has purchase a non performing, residential mortgage note in the state of New Hampshire? I'm looking at the foreclosure stipulations via this LINK and it seems like it'd be a good state for ...
James Gentry
Lending short term money, help with rates
My wife and I are looking to lend flipper friends money so they can close on two wholesale homes. The term is 1 to 2 weeks. What interest rate should we charge for this short term loan? If they state that it will t...