Andri Artayudianto
Who hires a title company? The buyer or the seller?
Hi again BP. Another newbee post here about a typical home buying process.Who hires a title company for closing? The buyer or the seller? is it safe to use the seller's title company to close if I'm buying a houseHow ...
Neil Hauger
Lost my earnest, lost the deal. Buyer walks away un-scathed!! :-(
Today I learned a hard lesson. I thought I had a deal done. All cash offer on full asking price. Purchase agreement was signed. Earnest money was to be deposited with my Broker. Instead, the buyers agent said, "i...
Chris Purcell
Question about Mechanic Liens
I was having a conversation with my buddy and the topic of mechanic liens come up, where a contractor can file a lien and it can attach to your propertySo it got me curious and I started researching. I don’t plan on ...
Jon Holdman
Don't mess with building inspectors
In another thread I mentioned one of my hard money loans was going to default. It did, and my business partner and I have now taken back the house deed-in-lieu.
The place has some cosmetic issues. Its total white...
Account Closed
Stuck In a Terrible Lending Situation
Hey BP,
My wife and I just closed this past week on a house that we are using as a rental. Throughout the entire process working with our lender, we told him over and over that this would be a non owner occu...
Jeff L.
Strange Deal- Is this a Short Sale or???
This would be my first deal and I think this is the correct place to post, if not can the mods please move?
I need to know if this should be approached as a short sale or approach in another direction. Here is the si...
Gabe G.
Reasonable time for repair/replace oven?
Tenant called on saturday afternoon, indicating there was an issue with the oven and is not working.I called some appliance repair companies on saturday, but of course most aren't working and returned my call on Monda...
Kenneth Williams
first deal fourplex questions
So I'm currently in the process of purchasing my first deal! A fourplex here in San Antonio for $108K (Owner wants of the rental game). My intentions are to perform the Brrr strategy so I will also be borrowing an add...
Jody Michelson
Would Flippers/Rehabbers weigh in to offer guidance?
Have you ever had a lender tell a prospective buyer of one of your flips that within the first six months of you purchasing, rehabbing and listing the property, they (the lender) wouldn't loan on a property that wa...
John Geldert
How to set up a 50/50 real estate partnership?
Hey Bp looking for some more of your great advice/help.So today a long time friend and I verbally decided to get involved in a 50/50 partnership. He would provide 100% of the capital needed for our venture and I would...