Hey BP,What happens when an appraisal is higher or lower than the purchase price?Lets say you put in an offer for a house at $200k, and it gets accepted. Once the appraisal is complete, the value is now $150k. What ex...
ok, I am trying to think outside the box, regarding short sales, and how to resell them to FHA end buyers. I am focusing on Southern California market.
I don't know FHA lending rules very well, except that you need ...
Hello all! I am looking for advice or ideas on how to make this deal work. Property description: Recent appraisal ~ 4,000,000 - 400+ acres multiple dwellings and buildings. I have a business plan for cash flow afte...
Hi All:I know, it's kind of a strange subject line, but let me explain. I've always been intrigued by the idea of houses and residences and the spaces we live in. There are thousands of neighborhoods in different cl...
What requirements do private lenders or even hard money lenders have when applying for a loan? What credit score is necessary do I need to achieve when applying for a loan? What papers or documents will I have to prov...
I am starting to consider hard money lenders, because I recently became a 1099, and banks don't want anything to do with me (despite that I work for the same company I did as an employee and make more). Are hard-money...
Is there a online service that can run a Background and Credit report without having to send a signed application? I'm renting in another state, and the requirement to scan a application is not easy.
Was apart of a partnership on a multi family property in Brush Co. I ended up leaving the partnership due to venturing off to focus on my startup but no bad blood.Recently I’ve been contacted by the father of one of t...
can you refinance at the end of an interest only loan into another interest only loan?
According to a recent article in ‘National Real Estate Investor,’ many commercial real estate investors will have difficulty refinancing their maturing loans. For those loans written between 2005 and 2007, many of th...