Mark Weinstein
HML & Conventional Loans for Agents
Hey Guys,I have 2 separate questions I would like to ask regarding financing for a rental property. The first one involves using a HML and the second one is regarding getting a conventional loan with my income/profess...
Imran Raz
Should I Refinance or sell? Here is my situation..
I am in a predicament of what to do about my rental property. I would love to hear your thoughts.
Here is the current situation:Current Loan Balance: $204kMaturity Date: 2036Loan Interest: 5.125% - Changes each year ...
Heather Thuli
Attorney/title company/escrow for wholesaling
I am starting to wholesale in Iowa and I have an attorney, but I am confused. If I have an attorney, do I need a title company and/or an escrow company to close my deal? Does the attorney cover everything?
Bryan Heilman
Finding a CPA and lawyer
Hi everybody,
I have a few family members that would like to combine some investment properties and start a real estate investment/property management company. We are trying to find a CPA and a lawyer to help us with...
Leroy K. Williams
Using existing property to create line of credit for flips
My family owns a property in one of Detroit's historic districts. It will likely appraise for $250,000. I want to see about using this property to leverage for a line of credit for $125,000 for flip deals here in Met...
Nicole Heasley Beitenman
Background checks without tenant authorization
Hi BP,I recently used tenantbackgroundsearch.com to complete my first background check on some recent applicants. I liked the site and the price ($60 for 2 tenants which included past address history, nationwide crimi...
Brian Willie
Can You Sell On A Wrap With A Property You Own Subject To?
Is it legal to sell a house on a wrap that you own subject to in Texas? I know there are quite a few restrictions in TX in general and wondering if anyone can weigh in on this. Thanks!
Brian Lenz
Rent to Own behind on payments
I have an opportunity to lock up a property in Fort Worth and there is an issue that came up. The seller told me that the tenant is behind on payments.
Are there any special considerations when dealing with removing...
Joe S.
Lease option question for Texas
So are lease options ok if it’s a commercial building in Texas? I know there is a bit of controversy on lease options for residential.
Andrew Carter
"Below Value" Appraisals, why is the buyer required to pay?
Hello, I'm brand new to BP but looking to learn quickly...which will mean asking lots of (but hopefully not to many "dumb") questions. This may be a question with an obvious answer, but I'm curious, when a property ap...