Cheryl J McGrath
Buying a duplex
Do I need a NDA?The seller wants proof of funds prior to signing a 30 day contract. If I'm doing a 30 day contract, that gives me time to find lender or do I need loan approval upfront.Thanks
Parnell C.
Overcoming mortgage contingency
First post but I've been lurking for a while. Quick run down, we bought our first home, a foreclosure and have it under contract for a nice profit. It closes 10/13. Found a second home to rehab which is also a foreclo...
Alex Velez
Interest Rate Discount Points
Hello BP,When are interest rate discount points considered, during closing or "rate lock"?
Zachary Salerno
Zach and Lauren first time home buyers!
Hello my name is Zach. My wife Lauren and I have a goal to one day own a home and open a sober living. We have no experience or knowledge of anything real estate related and our plans/goals are in their baby stages. W...
Account Closed
Considering getting licensed as a loan officer
I have been thinking about getting licensed as a loan officer, not really for the career aspect but the knowledge and experience. If I plan to buy more rental property over the years and financing is always the bigge...
Stephen Seaberry
Use of the VA Loan twice within 1 Year (Non-Active Duty)
HI BP,Ok, so heres the scenario:My wife and I both have VA COEs, as we both served and are now out of the military. We bought our first house in September 2014. At the time we bought the house, we used my wife's COE a...
Diane Klaas
Looking for banks that will lend to investors!
Hi Everyone, we are looking for Banks that are investor friendly in the DFW area and for your shared experience with them. NOT for "lenders" or "Investors" . Truly just referral to banks you have worked with on SFR ...
Kim Waters
buying owner occupant
I am wanting to move my kids to a new school districts and out of the one we are in which is horrible. I saw a HUD home for sale in the district that I want. It is in bad shape but I can do most of the work. I can ...
Account Closed
Rent to Own, creative financing
I'm trying to figure out best way to have as little money come out of my pocket as possible. Here is the deal:I am in a rent to own situation for an investment property. (I'm also a real estate agent)In 1 year from n...
Naseera Mohamed
spending on an REO property even before closing
My mortgage broker has convinced my husband to spend on some improvements in the house that we have a contract on,, so that it would appraise correctly and help him get approved for the loan. I am not so convinced ...