I have a situation where a prospective tenant applied for one of my rental properties using the TAR(Texas) 'Residential Lease Application' form. I processed the application without collecting any fees upfront, I paid ...
I just got a quote for a loan on a triplex. Purchase price is $140k, and the quote lays out each line item that I'll be charged for.One of the lines says "Investment Property Fee - 2.125% - $2,231.25I haven't seen thi...
Hey BP, I'm doubting my numbers right now because the whole first deal thing. I've ran them tons of times and I want to make sure that they're right. Can someone please give me some notes? Thank you!!Property Info:Pur...
If you accept money orders as payment, do you generally require the tenant add an extra amount equal to the cost of cashing the money order? Or is that something you, the landlord, pay for?
Hey BP flippers pro'sThis is the first time I've been doing a flip using Hard Money, and I've been struggling with the numbers to the point if I'm doing the math correct or not. I have used BP calculator and I also cr...
I have noticed the on the S and P agreement with the seller and the wholesaler (me) states the price the seller will be paid for their property, as well as a earnest money deposit. However, the assignment agreement...
I'm about to close on a property tomorrow and the latest CD doesn't have the lender credits ($3,052) that were initially a line item in the LE. The origination fee was and still is $3,052 however there is no longer le...
I am new to wholesaling and I have a potential deal where the seller would be able to seller finance it. I talked with a closing attorney and he said he would not do the closing because setting up the seller financing...
These lenders make all kinds of claims... is it ok to ask for an example/typical TRID-conforming Loan Estimate in order to see all the details of a particular loan product?I've been told by a lender they do not charge...
Has anyone seen this yet? Pretty interesting.
https://evictionlab.org/