Manley Seale
Two or more Lenders Underwriting at the same time. Pros/Cons
HI there. I tried to search this question and didn't have any luck. Are there any issues to giving two or more lenders the go ahead to underwrite a loan proposal simultaneously? To clarify, if I have two or more lende...
Kevin Chan
National vs local lender
Who offers better rates for investing out of state? For example, I'm in California and looking in Ohio or Florida.I got a pre approval in CA, but if I'm looking out of state, should I get a national bank involved or ...
Tom Oduor
Refinancing my first deal
Hello All,
I'm currently in the process of closing on my first deal and my lender is simultaneously working on the refinancing right after the hard money loan. The interest rate quotes is 5%. In this current market w...
William Lackey
How much should we keep in reserves?
Is there a certain % (or rule of thumb) I should keep for reserve funds?
Wife and I just bought a duplex. We put 25% down. Our expenses on the property are $705 a month. We will be renting both sides for $900 each- ...
Patrick Williams
Using a pocket listing to wholesale a property....?
I am a new investor and have found a property that just might have enough juice to wholesale using an agent because I know a stud who can sell it fast. I have negotiated a discount on his commission with the notion of...
Jordan Adams
New Investor in Phoenix, AZ
Hey all,
My name is Jordan Adams and I am a new investor in the Phoenix, AZ market. I am a full time physical therapist, and have begun investing in buy and hold properties in the past 12 months. Currently, I have do...
Zachary Clough
Presenting REI Business to the Principal at my RE Brokerage
Hi BP Pros-I know there has been a lot of discussion on the pros and cons of being a licensed real estate agent, while simultaneously operating a REI business. How have other agent/investors proposed this to their bro...
Cody Hunt
Commercial property/asset managers needed
I have been working arduously to develop reverse auction company where anyone who has an architectural drawing can submit it, and have contractors join a live bid on the job. I have put a lot of time in on this projec...
Stephen N.
Attn Notebuyers: How much can I get for this?
I want to sell a home using owner financing and this is how i want to structure it:
Sale Price: $155k (It will appraise for this easily)
down payment: 5%
2nd morgage: 20%
1st mortgage: 75%, 9%, 30 year amortization,...
Nemi W.
Investor friendly Title Comp in Fort Myers ASAP
Hi All,
Can anybody help here? I'm looking for one that specifically does Simultaneous closings, which I understand to be different from double/back to backs in that the end buyer's funds are used for both transacti...