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From speaking with a couple of mortgage brokers, the option fee cannot be used as "an acceptable source of borrower funds" as stated by HUD. Could the the tenant / buyer sign a purchase contract with a non-refundable ...
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I own a property with a weird problem. There is no odor present in the house if the windows are closed. However, if the windows in the master bathroom are opened and there is a slight breeze, there will sometimes be...
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I am writing an offer and would like to wholesale the property once offer is accepted. Is anyone willing to help me? Do I submit an offer on the standard CAR form then attach an assignment addendum (found in BP forms)...
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I feel like I have a good understanding of Land Trust but don't see the value. Do you use a Land Trust and what's the advantage in your situation?
Thank you
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Does any bank here do this? I’ve sat down with half a dozen+ smaller banks in Louisville and not one has indicated that they could do a 30 year am in any capacity if the property was anything other than a single famil...
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Hello BP world! I have been considering writing an article on this topic for some time, so here goes. Full disclosure: I am an active real estate investor who has performed various flips and I own some rental propert...
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Can a seller hold 20% of the mortgage as the down payment if the property is not paid off? Could I offer the seller $40k higher than asking price and have that profit go into the deal as the down payment? Keep in mind...
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I'm in new territory here. Would love some advice on my next move. Here's the stats:
I purchased a $300,000 office building about 3 years ago with owner financing. The interest rate is fixed at 7% and has a call i...
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Good morning everyone!
I have been trying to do research on liens and note investing for the past couple of months, as it seems like a strategy i will venture into, but like to get extremely well informed way before ...
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Anyone have a good MTR furnished rental agreement they would be willing to share?I have one I have drafted up but would love to compare against others.What are some items you always included in your MTR rental agreeme...