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Any underwriters, or loan officers or attorneys that can chime in?Please help - need some expert advice. I am three months in to looking at properties, finding one, negotiating the deal, getting under contract, cleari...
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I apologize for reposting what is probably the same question. My small brain needs to apply the rent to own/lease purchase of my specific situation in order for me to understand it. I have a rental property that was n...
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I'm new around here and if you've taken notice of me over the past few days, you'll see that I tend to post some newbie questions. This time I've been able to do a little homework and my question is a little less obt...
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From speaking with a couple of mortgage brokers, the option fee cannot be used as "an acceptable source of borrower funds" as stated by HUD. Could the the tenant / buyer sign a purchase contract with a non-refundable ...
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I'm not sure where I am going with this, but what are the thoughts on someone having a need for an emotional support animal(prescribed by psychiatric doctor) and carries a firearm?I'll say I support the 2nd amendment ...
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Hi BP Brain Trust, I've found a potential deal - it's a single family home with this property in back. In running the numbers, account for Capex, property management, etc. we would cash flow. The main house is vacant ...
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The recent Program announced in Washington is more "smoke and mirrors" than actual relief for the sub-prime borrower. In the end, very few sub-prime home owners will qualify... and if they do, has anyone yet found out...
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Hi I want to give my tenant a 30 day notice to vacate because I no longer wish to rent out the property. The tenant is currently on a month to month lease . Which is the best way to legally serve a notice without stat...
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Other than paying off in 5 yrs, and charging at least prime, and the max amount rules, are there and restrictions on terms? Can I use 30 yr amortization with a balloon, for example?
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I am going to rent a private office and my plan is to make an LLC that collects rent from my personal business.By doing this, my business income gets shifted into rental income thus avoiding a lot of the 15.3% Self Em...