Help! I have a HUD home under contract. I got preapproval for a 10% down conventional loan and we were all good until (long story short) in the 11th hour my lender told me I didn’t have enough credit history to qualif...
I understand that portfolio lenders keep the loan "in house" and because of that you don't have to worry about Freddie or Fannie quantity restrictions. What are additional advantages and disadvantages to Portfolio Len...
Hi All
Looking for some advice on the best way to proceed. Two friends and I are looking to flip our first property. We each have a house and could get a line for 100k each. We are hoping to be all in at less then 30...
Buying real estate is more like a marathon than a sprint. It’s going to take a while. In fact, it may take months to get from the initial search process to the closing table.
So as a busy Realtor (NJ) and real esta...
Recent REO listing 98 DOM description as follows:
Great Bank Owned Home in West Valley Pines. 5 Bedrooms, 4 Bathrooms, vaulted ceilings, mature fruit trees. Nicely landscaped yard in the pines. Very nice neighborh...
So I get a call from one of the brokers I use and he tells me about this ‘great duplex’ foreclosure that started out at $199k, then worked its way down to $149k whereupon an investor bid $85k. Which the bank refu...
I am in the middle of selling my current home and buying my new home. Things have been going pretty smooth aside from the fact that the buyers side have been a little more than needy in regards to this home. My home i...
Currently, I am working with an owner that has a 4 unit property scheduled to be demolished. I am working with the county inspector as well. The owner is letting the property go into foreclosure and has not paid for a...
Hello everyone!I have a seller financing question for everyone. I'm excited to get my first seller financing deal on the table, but it has some contingencies I'm just ignorant on. The break down they are offering is a...
Hello BP community members. I am about to make an offer on my first property and have a question. I have a great opportunity with seller financing of a 7-unit multifamily that is already fully occupied. I just got the...