Scott Beyea
Micro properties next new thing?
http://www.forbes.com/sites/petertaylor/2016/07/19...Please check out this interesting recent article posted on forbes! I'm curious what others on the BP community think about how this will impact the future of real e...
Luis A.
FHA Loan - Appraiser and Roof issues
When selling a property to a buyer that is getting an FHA loan and the time comes around for the FHA appraiser to do his appraisal. Is he going to inspect the roof and actually climb up there?
If so, could he require...
Charlene Rakhshani
Tax Liens on Foreclosing Props
I checked out a foreclosing property with a Title Co to see how many liens were on Title. There were three, but none were tax liens. Can I safely assume that there will be no surprises.....that is, no tax liens? Or...
Justin S.
Should I give my investor equity or just straight ROI?
I currently own 18 units in Upstate NY and am running out of capital to invest in my next MF property. I've never used a partner before and am honestly a little hesitant. I like to have control and do not want to fe...
Alex Shin
Upside down seller mortgage assistance form from bank
Hi Everybody,I have a seller who is severely upside down with the bank. He is on title for the property, however, is not on the mortgage. He is the main point of contact with the bank, and has had multiple conversatio...
Trey Fischer
Looking for some advice regarding the best path forward
Hello, I have a couple of general questions to ask, but some background. We rented out our first home for about 5 years, so I am familiar with land lording and all the work that can come with that. Towards the end ...
Brian Huber
How do attorneys typically charge for creative financing documents?
Hi, I've contacted a couple of attorneys stating that I'm preparing to launch a direct mail campaign and there (hopefully) will be leads which I'll want to do Subject To or Seller Financing transactions.I asked the at...
Allan B.
Negotiating HOA lien after purchasing from foreclosure auction
Anyone have any inputs on negotiating past-due HOA assessments on a property that I would buy through sheriff auction/foreclosure?This particular property has $15k in past due amounts, and another $5k in attorney fees...
Naveen Kumar
LTV on rate and term refinance
I have a quick question on rate and term refinance:If I buy a 100k property with a private mortgage of 90k, and the property appraises at 100k, will the bank be ok with a rate and term refinance loan for 90k, or will ...
Alvin Pereira
Wholesaling - Explain Like I'm Five
Hi BP!
I've done a few deals over the years, but they've all been either buy and hold or flips. I keep hearing more and more people talk about wholesaling claiming that you don't need to be a licensed realtor to do s...