Account Closed
Credit score of 400 plus..
BP People, what would you do if you wanted to get any loan or hard or private money lending but your credit score was 400 something and you weren't able to get anything to help get started in your real estate venture ...
Account Closed
What's the best piece of advise you'd give new RE agents?
Hi everyone,I just passed my Illinois broker's test a week ago and I recently joined KW. I have a FT job at a bank but I'm planning on devoting at least 40-50 hours a week to my real estate career.Can anyone give me ...
Jason K.
Assigning this type of property? Legal or not!?
Can a LICENSED investor, with intent to Wholesale the property or assign it, get a property under contract listed by a realtor?
Basically the same scenario as going directly through the homeowners, but instead, you ...
Timothy Casallas
Apartment Dreamin. Open Journal
How’s it going BP,To get straight to the point with this post before I backtrack, I have decided that it is the right time for me to start investing in multi families and my goal is an apartment with a minimum of 5 un...
Jeff McNamee
Tax Implications for Rental Property With First Time Homebuyer Loan
Hi all- I have a condo I rent out that I originally obtained through a first time home buyer loan. Well my lender sent me a letter because they noticed this isn't my primary residence anymore and the loan states that ...
Deisy P.
An applicant asks if I discriminate against "ex ex felons"
An applicant contacted me on marketplace and asked me "So use discrimate against ex ex felons". They asked to come see the place and I said, as long as you meet the requirements we can move forward. They then proceede...
Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Pamela Gondeck
Our buying agent is incompetent - need input
We’re buying a coastal property and made the mistake of not getting references for an agent in that area. The one we ended up with is incompetent. Skipping past other issues to the about to be deal-breaker: We’re past...
Elizabeth Pharis
Learned about Fannie Mae too late
Unfortunately we didn't fall under the category of "deal fell through at the last minute." Ours went through. Long story short, we found a house on Coldwell Banker. Drove 4 hours to look at the property....twice. ...
LuAnn Miller
Emotional Support Animal
We recently vetted a tenant that informed us after move in, they have a service animal. Actually, we discovered they had an animal in their apartment and probed them for answers since we do not allow pets. We have r...