Mike Stock
Assuming a commercial loan pros and cons
What are some pros and cons of assuming a commercial loan from a seller? Is this a better option than seeking my own finance? Would banks still do an updated appraisal?
Regards,
Mike Stock
Conner Hitchcock
Applicant doesn't want his credit pulled.
I have an applicant that doesn't want to pull his credit (doesn't want to take the hit for a hard credit check). They are offering me a report from Rentspree that THEY ran. I would still follow up with the employer f...
Johnathan Hearn
Need some info on HML
Quick question. When getting a hard money loan for a property and the rehab costs how exactly does that work? I was planning on doing a lot of the work myself but I’m not sure if the lenders will insist on having me h...
Jay Hill
First multiunit purchase: need advice
I am about to purchase my first multiunit (triplex) property after being a dormant real estate investor for the past 10 years. I currently have three single family units and have had them since ~2005 (first purchase)...
Thomas Mehi
Best states to Landlord in?
In your experience what are the states that care about the property owner and are best to be Landlords in? I know to shy away from Ca, NY and NJ. I am currently looking in Tennessee North Carolina and possibly Alabama...
Darius Moezinia
How do you challenge Escrow w/ all the garbage fees
I am in a Real Estate transaction in which the agent/ seller selected the services.I made suggestions to use a different escrow company that I had a great experience and very good rate. But was overruled.Now, 2 days b...
William Dubinsky
Seller can't afford to close - suggestions?
I've been under contract on an out of state SFH that was supposed to close mid-way through December. After several rounds of negotiations, repairs and inspections I wired my money to close only to find out the seller ...
Vonetta Booker
Mandatory Caliber Home Loans pre-qual?
On the MLS in my area of CT, I've seen several REO listings that state that in order to make an offer, the buyer must get prequalified through Caliber Home Loans. We already have a prequal letter from another lender,...
Dong Yan
is it worthy to buy a property that contigent with a solar loan
lately my agent finds me a very quadplex that give very impressive ROI, all the units are occupied, several renters live there for very long time.The biggest road blocker is the seller installed a solar panel ,if I ne...
Thomas Eppolite
Little Lessons- Basement Filled With Water
And it was on the day I closed on my first SFH. My realtor called me on the day of closing to see if I wanted to do a final inspection. This is my first purchase, so I asked do you think I should? We had just been in ...