Ted W
An introduction...From a pro
Hi-
For the past 30 years, I've been involved in the foreclosure process and the RE it generates. About 2 years ago, I began the transition from my own purchase, renovation and sale activities in NY, CT and MD, to RE...
Nick Noon
Frustrated/Confused About Closing
So I pretty much just came on here to vent about my frustrations. Here is the timeline of events:December 30th - P&S Signed with closing date of February 8th for a 203(k) loan. The sellers explained to the listi...
James D.
Is the goal to put investment property in your business entity?
So, I presented a deal that will allow me to purchase an invest property through seller financing with me putting up 5k cash. The seller will finance for 2 years with a ballon payment at the end or I will have to have...
Timothy Casallas
Order of Operations for Commercial Multifamilies
Hows it going BP,
Quick and hopefully easy to answer question here that is tying me up while I try to get my first commercial property. I am confused due to conflicting information on the order of operations of apply...
Andy Perez
The death of the NO INCOME verification loan
Hello, I just got news that my financing back is no longer funding my deal...I am under contract to purchase a 2 family home in The Bronx (NY). After getting the loan approved and getting a clear to close, the bank ha...
Jared Chipkin
Financing falling through with 9 days until closing!
Our loan has been approved for a couple weeks..or so I thought! Now our lender is coming back saying that we are at 44%debt to income and we need to be at 41% because of my commission income it threw everything off. ...
Thomas B.
SFH to Tri-plex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $99,000
Cash invested: $130,000
1947 SFH 2/1, previous owner converted the single car garage into 1/1 apar...
Mohamed Reda Koraichi
First time buying a home
Hello,
I am in process of putting an offer on my first home. the offer says I have 5 days to notify seller upon the acceptance of the contract, if there are any findings that will make me back out. Does that mean I n...
Alex Hamilton
Need Help in knowing How to Proceed with a Real Estate Deal
I purchased a property (6 months Ago) July 2014 on a Private financed Note of $35,000 due in full February 1st 2015. My property is in Louisiana, and I got pre-approval for refinance of the property from a Richmond V...
Sam Leon
laundry room lights
I have a duplex that I am getting ready for rental.
Each unit has its own laundry room, each laundry room has its own door, entrance lock, and inside is that unit's own washer, dryer, a utility sink, hot wate...