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So i got a house under contract, and opened escrow with a say 30 inspection period. and within the first 5 days of opening escrow i have a buyer lined up who's ready to purchase and can close within 2 weeks. Am i able...
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How do you guys protect yourself from lenders that fail to move files through underwriting in a timely fashion? I have had loans slip past lock periods in the past where the lender held my appraisal hostage after the...
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We are about to purchase a 4 plex here in Portland Oregon with a little bit of seller financing. We are just entering the inspection period.
Do you guys have any advice while we are in the inspection period?
I've ...
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I met with an investor in Montreal on the weekend of he was describing how he uses cash-for-keys to incentivize his current tenants to return their lease to him when they move out, instead of passing it on to someone ...
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I am currently under contract on a primary residence that is in disrepair. Due to the closing deadline/home condition, I am looking to use a private lender for the purchase instead of conventional from the start. The ...
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What would be your standard sensible inspection period for a 20+ multifamily building? Let’s hear what everyone says.
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Hi BP,I am interested to know if there are any seasoning requirements after a new construction is built. Here's a few key points about this specific case.- Land is completely paid for- All work will be done be sub con...
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Hi there, I have a HELOC with a balance of $82k that is under a 0.99% promo rate until the end of August. In September, the HELOC goes to the prime rate. What I'm trying to decide is if I should prioritize paying this...
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Hello everyone, I am completing my second BRRRR and looking to do a cash-out refi. Searching to see if any lenders are doing a cash-out with no seasoning period. Thank You
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Hello Lenders,I am a private money lender.My question is---When does the seasoning period start? Does seasoning start when the property is bought? Does seasoning start when a renter moves into the property? Are the...