Salma M.
Confused about seller's concession
So I finally found a property I want to invest in. I made an offer of USD 600k purchase price+20k seller concession. I am preapproved specifically for this. The seller is not happy about the seller concession. I don't...
Jerry R.
Fannie Mae buyer to pay title using Fannie May closing company
Has anyone else run across this?
For the second time in the past month, I have run across an additional term on the contract for a Fannie Mae property that makes the buyer pay title.
This one states: "Fannie Mae buy...
Jeff NA
Very basic, perhaps dumb, question about realtor commissions.
Completely out of curiosity, and at the risk of sounding very dumb, can anyone tell me what the commissions are on selling (or acting as a buyer's agent for) multi million dollar properties? Just wasting time sitting ...
April Zarling
FHA Loan and self employment
Hi All! I know there are tons of discussions about FHA loans and self employment and I have tried reading a lot of them. I had read somewhere that FHA lending requirements can accept less than 2 years of self-employme...
Anthony Buscaino
COOP / CONDO_LESS THAN 20% DOWN_NYC
Hi guys,I'm located in NYC - specifically searching in the Brooklyn and Queens boroughs.In regards to getting approved for purchasing a coop / condo, I'm aware that most require at least 20% down. Are there some build...
Chris H.
How to Approach a Big Investor (friend) with a deal?
Hi EverybodyNewbie first post here. so excuse the ramble here. I am kind of caught up on something and just don't know how to approach exactly. A Little Back Story : So i have a friend he is CEO of big company (all ov...
Alexander Crocker
Contractor Incomplete Job
Hello All,
I am looking for some advice on how to handle a disagreement I had with a contractor.
I hired someone to do a small apartment renovation consisting of kitchen cabinet replacement, installation of new fl...
Sardar Mustafa Khan
Increasing Earnest Money
Got a great deal on my hands but.... the sellers lawyer is saying to increase the Earnest money amount to $2,000, what should I say to bring it down? How should I respond? Any advice would be appreciated!
Austin Cai
Closed on a Property...Need Advice on What to do Next?
Hi BP Community!So I've recently closed on a triplex property in Oakland that has two current Section 8 tenants. I've just started on my REI journey and have been searching online, BP, reading books and talking with m...
Lucas Lukasiak
Hotels Opportunity Coming 2025? Low CapEx (vs pre-pandemic) + Debt Crunch
Bjorn Hanson, an adjunct professor at the New York University School of Professional Studies' Jonathan M. Tisch Center of Hospitality, has released a series of CapEx studies showing hotel capital expenditure spending ...