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Now that we are halfway through the year, I thought it would be a good idea to give a market update and see what the indicators are saying. Year to date sale prices are up 30%. At the same time sale transactions are...
Hey all, I have been trying to get a loan for my second rental property and it has been very frustrating to say the least. I cannot go through a bank to get a mortgage. I am currently unemployed, but I have multiple s...
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Hey, We recently purchased a 4-plex on a commercial mixed use lot. The lot is a great size and we are interested in building another 4-8 plex. Our lender told us that we would need 25% down for a new construction buil...
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I am an agent who flips homes that I personally buy with my own money. When I buy a home Should I accept the 3% buyer agent side of commission and split it with my broker or take no commission and ask seller for 3% re...
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Does anyone have any advice on how to approach a deal that is currently under Lis Pendens? Anyone have any lawyers in the Dallas area that specialize in something like this?
Hello PB friends,
I have a good friend who is eager to buy and live in a home but cannot do conventional financing due to no credit and no "verifiable" income. Our plan is for me to purchase the property he ...
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I've had an offer in on a short sale for 9 months now. Its a great deal and if it gets approved, great. If not, its okay because I've been buying other stuff since I offered. We've signed a contract so no one else ...
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ALL:
Recently, I've been discussing the potential of short sales rising with an instructor from a Flipping Foreclosures course I took a couple years ago, and I wanted to get your opinion on the subject. Do you think ...
Hi BP Community - I'm getting ready to place a tenant in a townhome I purchased last year. The unit has a storage shed that faces the parking structure (The door to enter the shed is on the outside where the car woul...
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Per the advise of some smart people here on BP, I started looking in to financing for my first rental investment. Thanks to their low barrier to entry, I started with Rocket Mortgage. The feed back I got was to expect...