John Sherron
Once under contract!
Hey Biggerpockets family. Quick question! If I were to wholesale a property but I do not have any buyers set up, what can I do to keep the property for as long as possible till I can locate a buyer?Here's the specs of...
Account Closed
Defaulting borrowers living in houses in foreclosure - how long in your state?
CA foreclosure used to be what I considered relatively quick. A non judicial foreclosure here, if done correctly without frivolous push back is 4 months. Now there is a 4 month default period required by the CFPB reg...
Keith Miller
Keith’s Five Bullet Book Summaries
Quick Summary: Multifamily can offer superior returns over most asset classes, especially when properties can be bought at a discount and steps are taken to increase NOI (Net Operating Income)Main Points: Never buy at...
Darian Gore
Wholesale contract review
Hello! I’m working in getting under contract with a wholesaler for the first time, wondering what amendments I should look for in the contract from a financing contingency or inspection period etc or if that’s just fo...
Joe Ramirez
Research Resources for a Chicago investor
Hi all,I've been a member for a while now, but this is my first post to the forums. Lots of great information here and it's great to hear stories about how others approach real estate investing.I currently hold 1 pro...
John Levonius
First mortgage is ARM. How to calculate DTI for second mortgage?
Hello Forum!I am a long time lurker, first time poster! A quick intro first. I live in California and have been renting for a while. My main interest is to buy a handful of properties, live in one and rent a couple ou...
Joan MacDonald
Last minute capital gains strategy for CO condo sale
Posting for a friend (like, really I am). She needs strategies to avoid capital gains for a sale coming up in a few days. Owner is a NY resident. Subject property is a condo in CO. Sale date: Monday Nov 8, 2021. Owner...
Grant Kemp
How can I get an estimate of what's left on someone's loan?
TBH Financing confuses me a bit, and I live in a non-disclosure state, so here's what I'm looking for to use in my negotiations:
I'd love if there was a tool that could let me put in the known loan amount, and when t...
Matt R.
wells fargo denied loan when I have the loan amount in bank with 780 score
Everyone told me not to use WF. My bad.. The issue is unknown... they actually never bothered to notify me. My realtor did. I think it was because the loan amount is too low..22k. Waiting to hear Monday what they s...
Scott Bond
NSF check and late replacement= NSF fee AND Late fee?
When a check bounces and the replacement check doesn't arrive before the deadline, do you guys charge an NSF fee AND a late fee? Assuming the process of bouncing the check takes a few days, I can't imagine that there ...