Beshoy Awad
Investor Friendly GCs in Central NJ
Hey Guys!
I found a great property in central jersey but it needs a good amount of work. Has anyone had any luck with a good GC that is insured? I am getting a rehab, live in loan but every GC I talk to, do not want ...
Ori Skloot
What Terms are You Getting for Commercial Loans These Days?
Hi folks,
I have a property in Richmond, CA that currently has several warehouses but the zoning has been changed to high density residential. I have plans to develop 10 live/work lofts and want to get a $2.1M const...
Matthew Polce
Rhode Island lot/Land appraisal
I have 2 properties I bought together, one is a vacant lot that is .64 acres and the other is .47 acres but has a house on it that would need to be a complete tear down. Do I get it appraised with the building there o...
Leon Lee
A quick question on accounts for property/hotel management
Hi, BPersI have a quick question on setting up accounts for managing two properties. They are two hotels with >30 rooms each and belong to different owners. Now, if I am asked to manage both of them, is it more eff...
Leon F.
Attempting to purchase "SUBJECT TO" existing mortgage
I 'd like to get some more experienced insight on trying to buy "Subject to"The homeonwner is moving out of town by the end of the month and wants to get out of mortgage.3br2bath w/basementcurrent mortgage payment is ...
Trevor Baker
Sub-dividing a residential parcel in San Fernando Valley
We are investigating a parcel of land in the San Fernando Valley within the city of Los Angeles. It's .49 acres and is a long narrow strip of land surrounded by tract homes. It appears this is a situation where the ...
Mariah Pierce
Renovation Contract Obligations
When renovating with a 203K loan, are contractors obligated to get the allotted amount for line items? We had a line item that was completed for a third of the amount estimated but he is saying he should get all that ...
Sarah Jones
appraisal proccess
i bought a house in dec... and i did 15k in renovation.. i did not use licensed contractors.. they are too expensive i used my family members to do it.. i am trying to get it refinance and appraised at 100k more
1. w...
Maen Abu Khater
FHA Self Sufficiency Test
BP Community, There is a Multi-family (4-plex) that I am interested in purchasing. Currently all 4 units are 1 BD 1 BATH Units and with the current market rents for 1 BD 1 BATH..... The property doesn't pass the FHA S...
William Byers
Understand the Upcoming Changes to HUD-1, Closing Process
On August 1, 2015, the closing process will have significant changes, and requires all documents to be complete three (3) days prior to closing. Changes made during that 3 day period will reset the clock.If you use c...