Ron Fu
Quiet a title action
Hi all, recently, I came across an investment opportunity where the asking price is quite attractive . however, the title is not clean. it has two mortgage liens on it ($30k) and the seller will be selling the title a...
Luc M.
Standard Managment Contract
I am going under contract on my first rental property - a SFR in central Florida. My partner and I got a reference for this managment company and they sent over their contract for us to sign. I was wondering if any...
Courtney M.
WHAT THE HECK? Fannie Mae being shady?
Hey guys! I am in the process of getting an REO under contract through Fannie Mae, and LAST MINUTE they sent me this bogus Real Estate Purchase Addendum that TOTALLY negates the terms in our agreed upon offer.....My a...
Paul Delgado
The 25% down dilemma on a Multi-family
Hello BP, my first post. I have a dilemma where the lender is asking for a 25% down because it’s a multi family unit I’m trying to purchase. My cash on cash ROI number is getting destroyed. My big concern is getting t...
Matt J.
Should I Sell or Should I Hold?
Hey BP. Have a house we're just about finished rehabbing up Duluth way. I'm all in for around $195,000. ARV back in March when I bought it was around $245,000 but the market's appreciated a ton since then and there's ...
James Wierzba
Basement bedroom window does not meet egress requirements?
Hi,I am purchasing a SFH investment property. There is one issue of concern that came out in my inspection:The basement bedroom window does not meet the national fire safety standard egress requirements. The violation...
Angeline Lee
First Rental Property
Hello,I am in the process of buying my first rental property. I have few question that needs your help. How to find a good budget contractor and good lender in Atlanta area. Any suggestion? Which loan is better standa...
Ryan Shekell
Long term renter house rules
Does anyone have a document they leave behind for long-term renters displaying house rules? I’d like to create something, laminate it and leave it showing things like no smoking, mow lawn, no parking on grass, follow ...
Albert Olivarria
"As is" "Where is" addendum
Hello all, I have a counter offer on a duplex that I am trying to purchase. The owner has never occupied the property, so there is no property condition report. They added in an "as is" "where is" addendum to the offe...
Daniel Netzer
203k FHA construction loans - and use cases
Has anyone used a "203k FHA construction loan"? I am curious to know how it works and what the rate is relative to the typical FHA-conforming loans.