Colleen F.
HUD owner-occupied bid period does joint ownership qualify?
I have a son who can't drive and recently got a job some distance away. There aren't many rentals in walking/biking distance to his work and as a landlord I know he would be hard to place anyway. I saw a HUD home (now...
Ed Long
Experience of a Fair Market Valuation at option period
Hello,I'm interested in touching base with investors that have been through the option period with a CVS, or similar, where the lease states that the new rent (in the option periods) will be based on Fair Market Valu...
David Rawls
Tax Redemption Period Deal. Will it work this way?
Hi everyone,I just got a call from the owner of a nice condo in Michigan. Her situation is that she has until the end of the month to 'buy back' her property from the county before it goes to auction. What she wants f...
Cash Tomlin
Inheriting tenants…. Must do before due diligence period ends…..
Hey guys. I am currently purchasing a duplex. Both tenants just signed a lease last month so I will inherit both of them. How do you find out what the current owner did to vet these tenants… ex: references, background...
Kyler J Sloan
HELOC effect on DTI when in "Interest Only" Period
As with many HELOC's, the one I hope to get is interest only during the draw period. During this period, how is DTI calculated: using the interest payments, or the total future payment? Thanks.
Ryan Weimer
Commercial Lenders - Seasoning Period for New Build Multi Family?
I am doing a 12 unit multi family new build apartments in Boise Idaho - The numbers are so good I'm using essentially a hard money lender to fund it because I can get 18% down (funding land acquisition and full constr...
Joey Wang
Making sense of financial impact between different amortization periods
Today, I was reading up on different types of loans - specifically, a fully amortizing vs. partially amortizing loan. I encountered the following table illustration:
What I notice is that with amortizing period loan ...
Melissa Hall
Reinstatement possible after Notice of Sale period in Texas?
Hello,
I'm an experienced investor but I'm new to Texas. I'm in touch with someone in the Greater Dallas area that's in foreclosure. The Notice of Sale has passed and the sale is actually set for next Tuesday. Out...
Benjamin Cowles
What kind inspection period to include with wholesale deals?
It seems to me like you'd need most importantly time to find your buyer, if you don't ideally have one ready with cash in hand at all times waiting for you to call them regardless of what you have, in which case how...
Connor Mckelvey
Paranoid Seller... Meth Residue Test after Due Diligence Period?
Hello,
I am two weeks out from closing on a new property in Colorado
My real estate agent just called me and told me that the sellers wanted to disclose something fairly odd...
Apparently, one of the sellers is a h...