Lorenzo Spurrier
Cost Of Borrowing Money
Hi,I have been speaking with a quite a few HML's to get an idea of how much it costs to borrow money. I am working on getting my first fix and flip out of the way (the toughest one, apparently). With that being said...
Christopher Murphy
Townhouse vs SFH Thoughts?
Hi All,
I am looking into purchasing my first property as a househack. I found a townhouse that I like the numbers for as a rental (after I fulfill my living requirements for loan). However, it is priced similar to S...
Danny Nelson
Could this be a private money SCAM?
This is random, but it just hit me that you could have the answer to this. I am speaking to a private money lender I met on LinkedIn, he's terms are cheaper, and more laxed than any other lender I have spoken to. So ...
Ray Eason
Flipping a Contract
Hello and good day.I just got a home under contract and am wondering what is the next step.Do I let me Cash Buyers know I have the property under contract and start releasing the property address or do I contact my ti...
Terry McAllister
Attempting my first deal, interest rate question
Hey everyone, I had a quick question. Long story short, I am in the process of purchasing my first single family rental house and I just went through the pre-approval process. I used a local and reputable lender, and ...
Peter Assaad
Credit card payment for rent?
Has anyone accepted cc payments for rent? Situation I have is my property manager is renting one of my places for 1450/month. Tenant pays using SQUARE- and they take approx 3%. Effectively then, I'm left with closer t...
SheenaMichael Dillon
Newbie MLS Wholesale Question
Hi there, we have an offer in on an MLS wholesale deal. We have put 1% Earnest Money to our Title Company in escrow. The contract is for sale currently and we're 6 days out from our option period. Question is, do I ge...
Vladimir Gonzalez
Is illegal to pay referral fees to non realtors?
I post a ad on Facebook offering a $500 referral fee for anyone who can give and address of a crappy, ugly house. It's that illegal?
Eric Hathway
Tenant late fees go to owner or manager?
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...
DeAndre Mason
Cash Out Refinance
Hello BP, I bought a duplex and renovated it too to bottom and now have it rented. I am looking to cash out refi however my current mortgage servicer has high origination costs to do the refi. I found a local broker t...