Could someone help explain the self sufficiency rule with FHA loans? Looking for a clearer answer and the lady at the bank isn’t quite sure and is waiting to hear from her under writers, which won’t be till tomorrow.R...
As I'm sure many of us experience, I come across numerous seller's who would like to sell, but their house is in good condition and want market value. The state and federal law dictates commission splits for seller (o...
Hello everyone my name is Vladimir. I am new to the Real Estate realm and looking to start my career through wholesaling properties. I am extremely excited to learn. I have downloaded the UBG guide from this site a...
i'm currently building up capital to purchase my first real estate property. right now, i'm putting all my money in a high interest savings account and just letting it build. i hear things like using my RRSP to fund i...
I need some sound advice quick! I should have reached out to you all who know more about the real estate business than I do BEFORE I entered into a contract on a new build, but if anyone advises me to get out of it, I...
Hi all,I recently passed my real estate salesperson exam. Currently I am looking to join Massachusetts real estate brokerage who offers good splits and less fees. My focus is not really to sell real estates but rather...
Hello all! I co-own about ~$5MM in commercial properties in San Diego, CA, and we're looking to buy out two of the partners. A couple of the remaining partners are on board with financing, but on the strict condition ...
Hey all,
I'm at the point where I'm missing out on deals because my funds are tied up. I think I can find someone to come in on a second position to front the down payment, but I'm also having issues with recouping m...
Hey everyone,I am looking for opinions on the best strategy for my future plans.I currently have around $100k in my home equity and $20k in personal savings. My plan is to renovate my current home, turn it into a rent...
Hi. Trying to get some very fundamental stuff answered and clarified.
example 1:
Homeowner Scott Spivey took out a mortgage for 200 grand and bought a house. He paid 10,000 dollars on it and then lost his job. He ...