James W.
Basic Question about Short Sales.
Hi guys,Why would an investor hope to get a deal on a short sale?I understand that the debt may be more than the market price. So the bank would approve a sale at market price. But what good is it for an investor to b...
Jake F.
Squatters in Texas after Purchase
I'm about to go under contract to purchase a house that I found off a direct mail campaign. The current owner has a sub trustee deed in his name. His father originally sold the house on terms to someone about a decade...
John Laney
Missing ACH Funds from a National Syndicator....
Hello,
I have been a LP with a popular national syndicator. While I've been happy with his performance, this last month they have failed to pay me my preferred return.
I've reached out to them twice; they claim...
Yenisel Avila
Which comes first- ARV or Cold calling
Hi everyone!I’ll be calling 3 realtors today to hopefully work with me and give me information on some properties I found. My question is, should I reach out to the property owners first to see if they have motivation...
Sean Crowe
Refi terms question - LTV 80.1%!
Hello,
I'm working on a refi for my primary residence. A lender has offered us a loan estimate (waiving the appraisal) and magically valuing our property at $555,555. The loan amount is $445,000. This puts the LTV ...
Fred Derst
How to judge renter credit checks results?
How do i judge a renters credit check results?
How do i tell a good renter from a bad one based on credit report.
Is there a minimum credit score they should be that tells me how bad they are?
Try...
Chris A.
Remote purchase, sight unseen.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Oak Harbor.
Purchase price: $457,000
Cash invested: $29,000
Was moving from VA to WA for work. Due to work schedule and C...
Khadijah Celestine
Does living in a rent-to-own count as an real estate interest?
If I'm living in a house under a rent-to-own contract does it count as an interest in real estate? Specifically for the purpose of qualifying as a first time home buyer, assuming the qualifier is "does not hold an int...
George Smith
Reconciling Quickbooks Balance
Good afternoon,Ive got a quick questions regarding reconciling on quickbooks. I just signed up for QB and all of the info has been imported and categorized for 2018.When I go to reconcile, It lists a starting balance ...
Dmitriy P.
Avoiding PMI
Hey BP,Im looking to purchase a 2 Family home which I plan on residing in and renting out the other unit. I was going for an FHA loan with 3.5% down b/c i didn't want to tie up my money in this one property as I am p...