Savannah Leigh
contract clauses to get costs covered in delay?
In personal deals, delays are covered in a 'deal with it or walk' scenario by both parties...meaning neither party tries to recover expenses created by delays. Except banks.
Banks have clauses where buyer delays a...
Dinesh T.
30% CAP on potential contaminated site
$8000/month rent on 200K investment. Fully rented. Talk about the 2% rule. The catch is that a neighbors property (dry cleaner) is potentially contaminated. Seller is insisting on cash purchase as bank will not financ...
Christopher Brainard
Sponsoring Broker in Las Vegas, NV
Good Morning Everyone,So I had to fire my real estate agent yesterday, after purchasing 5 properties through him this year, he insisted I needed to buy another because he had to repair the alternator in the car. Someh...
Mark Wiaduck
Howto: Section 8 housing buying, lending and tenant
Hey BP Heroes!I found this nice little tear down that runs about $15k US asking and would love to turn it into an affordable section 8 house. How do I get started? For example, who can perform loans on section 8? H...
Nikia Johnson
Need Windows Replaced in Rental
Looking for a recommendation for someone to replace windows in a rental property in Jacksonville, FLThanks
Robin Frazier
Hard money lenders in Texas
Is it common for a hard money lender to ask for a title report before executing the contract?I have a contract to buy a home but my hard money lender wants a title report before I get the contract between the seller a...
William Coet
Tenant With Fear Of Dogs. Another With Emotional Support Animal
This is a challenge that I thought the forum may be able to help with:In the event that a tenant has a justifiable fear of dogs and suffers from PTSD from a previous attack (they even asked if it was a dog free proper...
Wade G.
A con to doing a mortgage wrap as the seller
In this case I am the seller. I sold a property with my mortgage still in place. I guess this is one of the problems with doing a wrap because my lender will not accept the new buyers insurance policy even though my...
Will Johnston
What are your tips for a first time money partner?
I’ve agreed to be the primary money partner for a fix and flip deal in St Louis. I live on the west coast and don’t know the STL market well, so I’m relying on the boots on the ground to actually run things. I’m larg...
Aaron K.
How much should I offer on a short sale?
I decided to go with a real estate agent that is inexperienced with short sales.He is a personal friend of mine and we are both new to the idea. We have found a couple different properties. These places would normally...