How often do Banks refuse to ratify contracts after a successful auction.com bid? Bid was won this week, signed their paper and submitted earnest money. They gave me 24 hours, now they say the bank needs ~10 days t...
Hello BP Team, Mortgage Underwriters/Lenders,
Thank you for information exchange in BP forum.
> Context:
Property: Low Cost Investment property (Condo with HOA) in contract.
Location: Atlanta, GA metro
> Is...
Hi ya'll,
So i've been back & forth with the IRS in terms of submitting the W7 form to obtain a ITIN. I originally sent a completed ITIN form with a my certified passport (copy - department of foreign tra...
I am making my offer for a HUD home, any advice on what percentage of asking price I may go with. I heard if I make a lowball offer I may not submit a second one. Or will not have a chance to bid again.
I have a young couple wanting to rent a 2/1 for 1325.00 a month They have good jobs and the income is more than necessary to qualify . But their credit is 466 and 501 . They are in their mid 20's . Everything else lo...
So my partner and I are hitting a dilemma trying to a obtain financing for a multi family triplex deal. Most lenders are rejecting us due to the loan minimums. It’s either too low, or we are too new.. is there’s anyon...
I am screening a tenant but there are various red flags on the mysmartmove report. First is about a 20k credit card debt but also a 5 year probation for theft $20k. Do you or have you ever accepted a tenant with a ...
Hello everyone,
One of the houses I’ve had my eye on lately has the potential to be split into two separate dwellings. Currently, the house is a 4 bed 1.5 bath. And the back master bedroom was an addition built on at...
Hi guys, I've spent the last year or more learning all I can about direct mail and leads list and it seems EVERY coach and every industry person I've researched preaches Absentee Owners list. I have the resources to s...
FSBO Deal, Seller Not motivated, did I do this offer right?Based on what I've learned about recognizing a deal and understanding the numbers, even-though the seller was not interested or motivated to sell, I saw it as...