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My mortgage officer at US Bank says they don't have an option where closing costs are paid as a credit or added to the loan.US bank covering all the bank fees. Title and Escrow charges are coming in around 5000. I am ...
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what can be paid from foreclosure surplus?
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I'm wondering whether buyer-paid brokerage fees are common in residential investment real estate.I've now purchased three investment properties with three different brokerages. All three are residential (4 or fewer un...
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I looked at 2 quadplexes this week and both had the utilities split (i.e. gas and electric paid by the tenants) but the water bill was paid by the owner. meaning that there was only one water meter.
is this the norm...
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If you had a home that was a home run for a flip yet the HML only lends at 65% ARV would you contribute cash to meet his terms? Or have you ever? It seems like the deals at 65% are harder to find vs 70% or so. Not to ...
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Hi,I've been buying and holding my rentals for 6 years now (mostly duplexes) and have poured money into paying them down and off. Currently have 4 out of my 8 paid off. I want to purchase more and maybe get into som...
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Dear Brandon and Joshua,Why BP does not have a support phone number or an official email address beside the "contact the administration" direct/embedded BP mail, in which is a black hole?I woke up one day and my messa...
I'm wondering if it's legal to compensate someone in return for their acting as a third-party guarantor on a home loan. I've heard about such arrangements with corporations and commercial real estate deals, but third...
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Hello guys, how are you?
I need your help, we recently got our first job in the rental community. This condominium has 200 to 250 apartments for rent. We are painting and cleaning each new resident.
The question is,...
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Hello,
I am researching to purchase my first real estate investment property. An agent suggested a property in the 70-80k$ range, currently occupied by tenants. Apparently, the renters are of low-income earners and t...