Dan C.
multiple delays on accepted offer for Homepath
It appears that I will now be asked to sign a 2nd extension for a Homepath property which I made an accepted offer on. The delay is due to finishing the title work. Is there anything I should say/do? Is this very c...
Gustavo Nascimento
What is an acceptable response time for a CPA to prepare my tax return?
Hi there. I know this question is vague, so here is the sitiluation: I hired a CPA well regarded and very active here in BP, in January, to prepare my 2023 tax return. I paid for a cost seg study on my only str proper...
Riki Tang
What's fair? Seller is requesting for non-refundable deposit...
Here is the summary; I am a commercial real estate agent in San Francisco where we are currently in contract ( CAR standard commercial property for sale purchase contract) and I represent both the buyer and seller for...
Tim Shin
203k Loan for Multifamily home: What can we repair, who are the contractors, what are the limits?
Hi All,I'm back to investigating my owner-occupied quad-plex plan in Houston. I really want to try buying a fourplex with a FHA/203K loan but I don't know much about it. Are there loan limits for a 203k loan? What kin...
Tony Nguyen
Does more money invested into rehab = higher ROI?
Hi,
I've been rehabbing homes for about a year now and have only been doing paint and carpet for more of my properties - very light rehab work. I've been learning about other investors around the country who do EXTEN...
Calvin Ly
Buyer's lender delaying closing twice!
This is getting super frustrating and getting expensive. I just sold a home and another is under contraction to sell. Both times the lenders are pushing well beyond the closing date. First one was suppose to close in ...
Steven Garza
Hard Money Refi
Hello BP community,I am a newer investor I currently have a flip on the market trying to be sold. As most of you know the market is super slow right now for sellers. I currently have a loan with a HML at 10.5% on a 6m...
Noah McPherson
How to manage BRRRR financing the right way
Hey BP!So let me get this straight. The HMLs I've been talking to on the phone offer me loans for a 12 month period. I plan to do a lot of the rehab on my BRRRR, so let's say it takes me 6 months to get it rehabbed an...
Wendy S.
The Joys of being a Landlord
Tenant June 1 to Dec per room rental expires Dec 31. Initially asked for 3 months extension to which we agreed in writing but then Tenant changed to request 6 months. We declined, and asked Tenant to confirm the 3 mo...
Will F.
Commercial office loan- Matured, renew? Prepay indemnity etc
Hi guys, I'm redoing a commercial loan for an office building in LA. Last loan just matured we're thinking of staying with the same bankThese are the terms, options and rate:10 year 15 year amortizationNo points or m...