George Carrasquillo
Lima One Capital for Investors
Who has any experience with Lima One for either rehab or rental lending?
Brandon Turner
Landlords: Are YOU breaking the law?
http://business.ftc.gov/documents/bus49-using-consumer-reports-what-landlords-need-know
Hey everyone,
So I read this online today, and am wondering if others are properly following the law when screening tenants? I...
Chinmay J.
Short sales . How would you experienced flippes handle this?
I recently made an all cash offer (with the help of HML) no contingencies except Short Sale Contingency, and Well and Septic contingency for a house that was listed at $129,000. My offer was $90,000. I got a counter o...
Matt Robinson
What is FHA's 90 Day Anti-Flip Rule?
What is FHA's 90 Day Anti-Flip Rule?Question: What is FHA's 90 Day Anti-Flip Rule?For a number of years now, FHA has enforced a 90 day anti-flipping rule which prevents an investor from reselling a home to a buyer usi...
Alex Ballesteros
Pre-qualification & Pre-approval ? Questions
- Are there any differences between the two?- Does it matter who you get a pre-qualification/ approval from? I last got mine from some third-party company on Zillow, and I don't know if there are any other better alte...
Jane Ho
Have you ever heard of this kind of 'forbearance'?
I have a loan question from a past client...(I am an agent).
They tell me today that someone approached them (a company from LA), that if they purposely not paying their mortgage for 3 months, the company can negotia...
Melissa Webb
Business Plan?
Help! I have my personal goals and my business goals, but how do I put them into a good business plan? And, how do I create a good action plan (if anyone has a good pre-made action plan for wholesaling or finding mo...
Mitul Gandhi
Need help with assumable loan deal
Hey everyone,
I could use some advice on how to navigate a real estate deal I'm working on. Here are the details:
Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differe...
Joel DeLuca
If a HUD is listed as UI (Uninsured) for FHA, is it possible to get Conventional loan?
I am considering a HUD that is FHA financing UI (Uninsured). Would the offer have to be cash or hard money? Are there Lenders willing to loan conventional financing on distressed property? The house needs paint ...
Joseph Stoick
Introduction - Finally Getting Around to It
My name is Joseph, I am 27 years old and I live in Sioux Falls, SD. My wife and I bought our first home about 18 months ago and live there with our 1 year old daughter. I have been interested in Real Estate since high...