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My name is Mark Fulop I am a mortgage correspondent lender/ underwriter with about 13 years of experience. The main reason why borrowers use a mortgage broker is to ensure that they attain funding from a reputable so...
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Hi all
So I will become a landlord soon and I just wanted to know what should I have or need to get as a landlord. For example what type of account should I open to hold my tenants first, last and deposit, etc?
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I bought a triplex at the end of April this year, inheriting all three occupied units, so far so good. I honor their month to month lease until June, then plan to put the security deposits i received at closing into e...
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Hi BP folks!I want advice on a lender that I might be working with. She's not asking for any upfront fees, but she does ask for a due diligence fee of upto $75,000 that is held in a escrow account in NY. She is asking...
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So I am buying a property through a wholesaler, I already put down 7k of earnest money on the property, a hard money lender who I am working with (and got from the bigger pockets lists) asked for a "Good Faith Deposit...
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Hi all. I had an offer accepted on a parcel of land and sent my earnest money deposit to my title company. My agent built in a 45-day feasibility study contingency period into the contract. Two days after we were unde...
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Every apartment I've ever rented has required me to pay 1st mo. rent, last mo. rent, and a security deposit equal to the mo. rent.... so 3 mo. worth of rent payments upfront. I'm now using a property manager to find a...
Good evening everyone, how do you all construct your bank accounts for real estate investing? Thanks!
-Isaac
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Hope I got your attention because the City of Eugene got mine! Phase II Rental Protections just went into place and we are seeing some big buzz in Facebook investing forums and on the local news. According to KVAL New...
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Hi Experts, need a advice, I am excited to have finally shortlisted a applicant on my first property but they will not be moving till June 1st, I am thinking of collecting a hold deposit but not sure how it works in T...