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Hi BP fam. I recently pulled out of what seemed like a workable great deal because a total rehab was done on the property without permits; Electrical, plumbing, tree removal, driveway all require permits in this area....
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Ok- so I'm selling a little single-family rental. Full service broker. First time listing with an agent ever in my area.I've been under contract since April 15th (for the 3rd time). The closing was supposed to be M...
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I have an investment opportunity where the owner/seller has a reverse mortgage on a property that needs rehabbing. The balance of mortgage is above what I would be willing to pay for the property in its current condi...
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Hi All,My title company screwed up the HUD purchase for the second time in a row. Actually, I am in the middle of a second case. I understand that dealing with HUD is tough, but what pisses me off is that my title co ...
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I put a house under contract at the end of May. It was a short sale so we specified a closing date within 60 days. We also specified that the 8 day inspection period would begin after the bank approved the sale. Af...
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Hello BP community, I'm in the process of buying a fuiiy remodeled multi family. Before I put a offer in I looked to see if there were any open permits, there were none. I put a offer in and earnest this got accepted...
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Wondering if anyone has executed a loan or extension backed by a pre-signed deed in lieu? We have a borrower that has requested an extension on his mortgage before his balloon is due. He's current but unable to make t...
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Hello amazing people of BP,We bought a single family house in Lakewood, CA in 2016 for $520K. Before that, we were renting an apartment close to the beach in Huntington Beach. The lot of this house is 5118 sqft. and f...
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I have a pretty extensive rehab I'm starting this week and I'm looking for a contractor/handyman who can do a top to bottom rehab in the Tampa, Fl area. Does anyone have a referral on who I can call in this area? If y...
Hello,Last Friday, there was a rain storm in the state of VA and our rental property was damaged. The tenant called and said that the basement has water flowing in through the window and the basement is wet. We came o...