Hugh Jameson
Offering a bank foreclosure closing costs?
What would look most attractive to a bank when making an offer on a foreclosure property Example 150k with closing costs paid by buyer 155k with a 3% contribution 160k seller paying all closing costs Round figures etc...
Alan Asriants
NAR Settlement - HOT TAKES
I have a few HOT TAKES on this recent NAR Settlement News
1. Buyer's agents won't wait long to get into written agreement with a Buyer. Right now, many agents don't sign any agreements until they sign an offer. With ...
Will Barnard
The Occupants from Hell!
I am currently dealing with some occupants (who are no more than squatters) and getting them out so I can get in and start the rehab has been a daunting process. Typically, I get them out with cash for keys and it is ...
Terry Portier
Why are contractors part of the problem not solution?
I read too often contractors are more of the problem rather solution to investment strategies. What if you could find a local contractor service that manged contractors based on customer satisfaction ratings you provi...
Jonathan Greene
Why are so many new investors looking for out-of-state properties
Every day in the forums it's the same thing. "I'm just getting started and I've analyzed a ton of deals (never seen any in real life) in several markets that are nowhere near where I live because where I live there ar...
Marianne Lopez-Henthorn
If you could move anywhere in the US...
I'm sorry if this is a very general question, but where would you move to if you could move anywhere in the US and start real estate investing?Backstory: I am Canadian and my husband is American. We currently live in ...
Evan Parker
Congratulations! You Gentrify: Displacing a Community
This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...
Jorge J Gonzalez
I'm questioning my closing Costs with the bank
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
Sean Stewart
Determining bank fees/atty costs BEFORE Foreclosure Auction
Looking for intel on how to find out EXACTLY what the bank's credit bid will be at foreclosure auction.
I see the judgement amount listed in the case filing. After attending several auctions I know the actual amount...
Ken Sanders
Limits by Bank on Seller Assisted Closing Costs?
I'm selling a house right now for $294k with a $10k seller assist.
The agreement states:
SELLER ASSIST - Seller will pay $10,000 toward Buyer's costs, as permitted by the mortgage lender, if any. Seller is only obli...