Arron Paulino
How do Subject To Offers work for the seller? Won't the loan be called due?
Does someone mind explaining subject to offers? I ask as I have received offers from buyers that want to do an assumption of the current mortgage via trust acquisition and provide a down payment due to the seller. The...
Samuel Williams
1st Time home buyer many questions
I am a new to this forum and saw a lot of great information. I am a current renter and want to buy a home.
I have a few questions about buying a home for the 1st time where me & my family plan to live.
1.When l...
Anand S.
Short sale - second bank dragging feet
I've been waiting on a short sale as a buyer for the last 5.5 months.
The home has two mortgages.
The first bank approved my offer, and is offering the second bank, Chase, $5K to buy them out. The second bank h...
Tony Giangreco
Best way to setup an LLC for two Investors and possibly use a SDIRA
I good friend and I have discussed flipping houses before but never created an LLC or invested. He has attended some auctions and saw some interesting properties. We have finally come to a point where we are ready to...
Andy Thoman
Help understanding leveraging debt
So I don't really understand the whole Refi and HELOC situation... I have a few questions.What are interest rates usually like compared to traditional residential mortgages?What is the difference between refi and helo...
Kevin Hunter
LLC Set-up: Lawyer or Do It Yourself Online
Hi everyone. I am getting ready to close on property number 6. As an intro, my five other properties are all SFH. This one is a four family. Up to this point I have not had an LLC, I have just carried are large um...
Kellis Landrum
Learning about performing notes
I’m looking to learn the note business starting with performing notes.I would like to find a way to do this for a (relatively) minimal entry point of around 10K per deal. I would like to ladder out a few of these deal...
YiBing T.
Montgomery County Maryland Eviction Process
Hello,We have a rental property in Gaithersburg MD, the tenant is refusing to pay rent. We have started the Failure to Pay Rent process, won the case, but as of today, the tenant is still living at the property. We ca...
Jason King
Is it normal for buyers to pay their agent an administration fee?
I'm trying to buy my first house.I found one I want in Tampa and contacted an agent via Zillow. She is not the seller's agent, just the agent Zillow paired me with. She showed me the house and I asked her to make an o...
Shaun Palmer
How much to Collect on Day one from a Tenant?
Hey BPer's
I am just getting going with rentals and I am curious what everyone does on day one that the tenant is approved?
This might be a silly question but I want to understand what is consistent with the industr...