James L.
Question about ethics with REO listing agent and recent situation
We recently found our first property perfect for a rehab and resale in a close by neighborhood. Fannie Mae owned REO. Palm Beach County, FL.We saw the property the weekend it hit the market and by Monday placed an o...
Troy Stoehr
Party Wall Agreements
Does anyone have any experience with Party Wall Agreements? I own 1/2 of a duplex that was sold in an auction and the other half was sold to another person (unfortunately...). Anyway - I just refinanced the prop...
Jose D.
Owner Occupant Rules (non-FHA)
So my GF owns the current house we stay in. Browsing realtor, I notice that a house over on the next street has come on the market.
I don't have the 20-25% down payment to buy it as an investment property but I star...
Henry Lazerow
Why 2-4's have not fallen with rate increases and why they won't!
Lately, many 2-4 unit clients understandably ask me why prices are still going up with rate increases. I have sold 40 million seen a lot of 2-4's in Chicago and the answer is simple, supply has more impact in this nic...
Chris Seveney
Using your servicers attorney
Curious to get others opinions but has anyone EVER had a desirable outcome from using your servicers attorney?If I was “forced” to use them I find they are:1. Lazy2. Lack communication skills3. Extremely slow4. Rack u...
Tom Barrick
Looking to Build a Portfolio in Providence, RI
Hello everyone - new to BP and first time posting. I am a CPA located in the Greater Boston area who specializes in working with real estate investors and developers. After working with them for a number of years, I...
Victoria Elazigue
Is 20% down required for a rental property?
Hi everyone! I am just starting out and interested in learning how to invest in real estate. I currently live in the Bay Area and have some money to invest but am priced out of this market so my next option is to inve...
Tristan Pearrow
Purchase Investment Property wwith No Income Docs - DSCR Benefits
Hey BP Community, I noticed a good number of questions I answer on here are related to trying to purchase a property, but having issues with income, so I think many of you will find this post VERY helpful. I really ho...
Coley Mitchell
Best way to find foreclosures/ preforeclosures in Charlotte (looking for primary residence)
Hello - I want to find a good source to locate for foreclosures (preferably pre-foreclosures) in Charlotte, NC. Considering making a purchase with FHA loan as primary residence for 2 years or so if I can find a good ...
Mark C.
4 weeks into the process, lender adding $10,000 adjustment fee?
So long story short, my fiance and I are buying a foreclosure. We're working with a lender called "Prospect Mortgage" who has a local office in our area. The name recently changed to "Homebridge Financial" I believe. ...