Carlos Rodrigues
Found a good short sale
Good evening BP members I wanted to discuss about a short sale in Elizabeth NJ I seen today. The property is listed for $250,000 and the property isn't in bad condition. I was wondering though how I'd be able to offer...
Dimitri Paspalaris
How long is pre approved loan good for?
Question can I use an approved mortgage like a preapproved car loan and shop around or do I need to actually have a property and offer done? If this is true how long is the preapproved mortgage good for. I am new to t...
Craig Garrow
Vacation Rental Agreement?
Hello, all! I'm looking to break into the Vacation Rental market next summer, and wondered if anybody might have a sample VR Agreement they would be willing to share? Thanks!
Brandon Anderson
Originations and Servicing Capacity of Banks during COVID-19
Hi all - Doing a little research for my firm. I had a quick question:
Where will banks see a strain on capacity in the mortgage lending process?
For example -
Originations - Underwriting- Income analysis: With ind...
Yee Yonfai
Quick Question on limited power of attorney
Hi BP, just a quick Question.
Would i be able to sign the Limited Power of Attorney using Electronic Signature & handing it to the Title Company instead of giving the Real Estate Agent, as the title compa...
Alex K.
Long distance deals?
Whats the best way to secure a long distance deal? Assignment fee submitted to my title company or the buyers title company?
Anything over $10k a double close, with my title co or theirs...?
(I've learned a TON from...
Greg Todrank
First time all cash offer
I've just submitted an all cash offer on a property for the first time ever. Are there any special considerations I need to think about in this scenario?It is still thru an agent. Do I just show up at closing with a...
Jacob Perez
Template for Private Sale Offer
Hey BP Friends in Canada.Can anyone direct me to a template or online legal document for submitting offers privately on homes?
Curtis Harvey
EMD Best Practices Process
I have a question. I have a 10 unit property that I have offered the following50% owner financing50% private money financingThe property should appraise at $100k over the purchase priceIt is in a average area of a gr...
Nina C.
HUD Eliminating Seller Financing for Non Owner Occupied homes
I received the email below from my local REIA. I assumed it may impact many BP members and thought I should share. As I am a new BP member, I'm still navigating the site and wasnt sure if this was the best place to po...