John Powell
HUD counter offer help!
I'm bidding on a HUD foreclosure I bid a net to them of 55,250 as an owner occupant during the owner occupant period. I then got this back from them:
However, HUD has initiated a counter offer process on this proper...
Alex Silang
Getting a mortgage with 30k W2 income
This is my financial situation:30k incomeRental property (I own):4k monthly rent1.5k/mo PITIWant to buy:350k-400k property4k monthly rentI've used online calculators (for what they're worth) and they say I qualify. Al...
Jessica Schwartz
Put good offer in an Chase owned foreclosure... NO WORD!
We are very frustrated. Some background- we live in a small town in a rural area. There isn't a very hot market here, especially for people who live here year round. We put an offer in on a foreclosed house we have ha...
Tim Daniels
Private lending LLC denied banking accounts - options?
Hi all - I’m starting up a lending business, all was going fairly well until I was told by all the banks in my area that they “are unable to establish a bank account for anything that is financially related.” Have al...
Josh Reborchick
Where do you find your deals? Anyone using List Source or the like
I'm new to the business but have been interested in Real Estate since my uncle gave me rich dad poor dad and the richest man in Babylon almost 20 years ago. Anyway, I was in sales for 3 years between Army stints. I...
Enyi Ajoku
Discrimination Claim Made Against Me
Hello Everyone,I recently had an apartment put up for rent and have been going through the process of looking at potential tenants. I got a lady who came to look at the apartment. She kept on talking about how she lov...
Jesse Smith
Insurance Issue - Policy Change After Closing
I recently closed on a 3-unit rental property. During the due diligence and loan application period, I had an insurance policy set up. This was a "Rental Dwelling Policy" for a 3-unit rental property. Escrow has be...
De'Shawna Graham
how to get them to lower the purchase price.
Hello BP,
Put in an offer on a place. Purchase price is 125k. but it's definitely in need of serious renovations. Comps in the area are for 160k. The as is value is more than likely 125k. The maximum offer I can ...
Lacee Beitler
Denial of applicant on expunged criminal charges??
Buckle up. You can’t make this stuff up.
We have an applicant who had the following 4 charges expunged from her record:
-aggregated assault
-burglary
-criminal attempt - CRIMINAL HOMICIDE
-conspiracy- aggravated as...
Jeff Arndt
What to offer on a short sale?
Hey guys I could really used some advice for this is my first short sale purchase. I'm looking to put an offer in on a short sale listed at 209k. My realtor says that there was already a full price offer that was re...