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I'd like to purchase a retail condominium interest (multiple tenants, multiple units) situated in a mixed-use development at a price that is supported by a DCR (debt coverage ratio) that lender approves. Found out th...
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I showed a home to a client.The client really liked the home.Client noticed the home went contingent and than it came back on the market.Can I ask the listing agent what happened and tell this info to my client or thi...
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I have a FHA 203k loan now and had to go out of pocket to get my tenants out of the property to start working on it.it is possible to use a contingency reserve for cash for keys?
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In Florida a buyer and seller have agreed to a relatively short inspection contingency period, five days. During the five days a problem with the roof arises which cannot be resolved within the five day period due to ...
Hello,
I work in investments but have never purchased a property directly through an auction of any kind. For Sheriff auctions, I have been told there is no contingency period and that the purchase is final. Is that ...
We are scheduled to close on a new home June 15th; so I listed our current property for rent available July 1st. We found a good renter that is very interested but I don't want to sign a lease until we are sure of cl...
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I went with a realtor to look at a 2 family home. Upon arrival we couldn't get in. The seller told my agent that the tenants were not being cooperative. So they suggested my options were to purchase it unseen or wait...
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What are all of the different forms and contracts you need the homeowner to sign in order to properly get a property under contract to wholesale it???
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Hello, I was trying to buy a property and everything’s fine until I got the appraisal report. The appraised value is lower than what the lender expected, so the lender lower the loan amount from 80% (which is on the p...
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Hello all,I want to throw this out to the BP community and see if we have a foot to stand on. So, two business partners and I were just in escrow on a listed "duplex." We are 25 days in on a 60 day escrow. The escrow ...