Holly Hudson
Applying for a HELOC
I am trying to get a HELOC on our home. At 85% LTV they say there is $158,000 we could get. But they are asking what the funds will be used for. Searching the web I've read that banks want you to use it on the primary...
Steven Brinson
Looking to buy a rental
My wife and I are wanting to buy a property (modular +1acre)) that adjoins to some land we bought to build our future home, and rent it out later after construction is complete. What kind of restrictions are their to ...
Nichole Gabriel
What does a Wholesaler/Agent relationship look like?
Hi folks, I'm wondering if you can tell me what a successful wholesaler/agent relationship looks like to you? What do they do for EACH OTHER? and what is the agent paid for these services? What is expected , and ...
Chris Fleener
Using existing rentals to finance more rentals?
Hi gang,First time posting here. Thank you in advance!Currently and have had for some time, 4 SFH long-term rentals in a community where vacancy rates are very low and they have cash flowed every year. Combined LTV ...
Maha Mikhail
To be or not to be a Real Estae Agent!!
HI guys!! I am starting out, just moved recently from Australia.. So I'm NOT very familiar with Real Estate Lingo nor the areas.. I thought it would be a good idea to do the Real estate licence get familiar with the i...
Jessica Connell
Analyzing a deals tangible and intangible benefits/shortfalls
Hi, there’s a lot for sale which is adjacent to our home. It’s 200k, 60’x108’. There are trees on the backend which I don’t want to remove (they benefit my home) and setbacks, so useable space is about 40 x 40. It’s l...
Russell Brazil
HUD Announces Change to FHA Condo Policies at Realtors® Conferenc
Im just repositing this article from NAR. Easing of the owner occupancy requirement in condos should help maintain condo values.SAN DIEGO (November 12, 2015) – This evening, Federal Housing Administration Principal De...
John Thedford
CRIMINALS ARE NOW A PROTECTED CLASS?
A partical excerpt from The Globe article by Jeff Jacoby.....Most Americans would look at you and likely see a prudent, levelheaded property owner. Not the Obama administration. The Department of Housing and Urban Dev...
Jim Cummings
Texas Landlord Law Section 92
If you area Texas Landlord or intend to become a Texas Landlord you should become familiar with Section 92 of the Texas Property Code.http://texaspropertycode.org/chapter-92-texas-property-code.html#
Andrew Graziano
Questions about submitting an offer on a HUD property
Hi BP,
I'm submitting and offer on a HUD duplex this week, but I'm very unsure about the stipulations on buying the property. Does anyone have experience with it that wouldn't mind a quick call tomorrow?