Rich Weese
4-4.5% int rates
Treasury is seriously considering a refi program for purchase and refi at 4%. What will this do to our real estate ventures? The fine points will be coming along soon...
Jj Yip
Can my tenant sue me with the following reasons? She moved out 6 months ago.
My ex-tenet who moved out *7 months ago* texted me today and demand for a partial refund of her total rental payment (80%) she made for 2 years within 30 days or she will get a lawyer and sue me. #1 She mentioned that...
Neil Goradia
Land Development Deal funding
Hello BP,Need your help in suggesting a way to finance this deal!My business partner and I have located 22 Acres of land in Noblesville, IN (near Indianapolis), prime for development. He is a Civil Engineer, which is ...
Jack Tucker
Determining market value of vacation rental? $6200 income in Nov
The question has come up in this string about what the market price may be on this property? I'm familiar with commercial and residential comp valuation for SFRs and MFs, but are vacation rentals a different animal? I...
Ryan Nguyen
FHA LOAN Incorporated "WRAP MORTGAGE"
After leaving a real estate workshop "No Money, No Bank, No Credit" They mentioned this idea called Wrap around.
If people do not know , this is basically you as the seller, giving the buyer the ownership of the hou...
Michael Kissel
Feeling discouraged
Been looking at properties for approx. 6 months now with no luck. They all seem to be way overpriced ($20-$50K even) based on the calculator tool for properties in the $100-$120K range. I've used the rental property...
Michael Laidler
Owner financing my first home
I took up a new job in another state, 6 states away to be exact. My house is up for sale and has had 2 viewings over the past few weeks. Today, my real estate agent suggested that I look into owner financing beca...
Danielle Prendergast
Seller doesn't want to short sale anymore rather foreclose
Hi BP,
I've had a short sale under contract pending bank approval for 8 months now only to get an email from the sellers agent this morning saying that the seller is frustrated with the wait and just wants to walk aw...
Danny Celestin
Should I Buy the Rate Down
BP Fam, thanks in advance for your help with this situation. I'm in escrow on a duplex, my credit score is high 750+, I'm a W2 employee, and I plan on keeping this duplex for more than 10 years. With all the speculati...
Jimmy H.
Using Homepath OO as investment
I have a question concerning a Homepath property in my area.
The home is priced at 99,000. I could purchase the home as an investment with 10% down using homepath financing. I have also thought that I could encourag...