Lisa Shankus
Title Issue at Closing
I was supposed to close on my 5th rental property two weeks ago. Less than 24 hours before I was to close I received a call indicating that the property didn't have a clear title. Apparently the seller sold the house ...
Redgy Saint-Germain
Yay !!! Another closed deal in less 2 months (Off Market)
I wrote an article a few weeks ago about my first deal and how I did it so I wanted to talk about another deal we`ve closed on 6/15. Read hereMy GF been living in a SFH (3BR 1Bath 11000sqft yard) for the past 3 years....
Wendy Busa
Property under contract recvd lease not signed no rent rolls
I have my first property under contract, it is a duplex. I just received the leases, if you could call them that. They are not signed. When inquiring about credit checks and background checks, I was told none were don...
Bradley Gasparovich
Removing Tenants From Property
I am in the process of closing on a duplex with both units occupied. I am moving into one unit (currently on a month to month lease) and need to ask the current tenant to move out. Is there a specific way to handle th...
Jose Alonso
CASH OUT REFINANCE STRADEGY
Hey guys do any of you have experience doing a cash out refinance. Can you please tell me what to expect and how was your experience. I plan to do a cash out refinance sometime this year maybe around April, and plan t...
Karen Bolyard
Pay cash or finance STR?
I am in a multiple offer situation and offered cash with proof of funds for a beach STR property. I told the agent I may decide to finance (depending what accountant advises tomorrow) and what information I learn her...
Dana Kelley
How to compete with all cash offers?
I have lost 2 houses to all cash offers. How can a financed offer (already pre approved) compete with an all cash offer? Or can it ever?
Mergim Kacija
Seeking Advice on Lender-Placed Insurance Dispute After Loan Payoff
Hello BP,
I'm hoping someone here can provide insights on an issue I'm dealing with. I took out a 12-month hard money loan with HouseMax Funding, a reputable lender, for a fix-and-flip project. Before closing, I was ...
Roshan K.
Appraisal coming in low, how to dispute?
I have a house that's under contract. I'm buying it at $150,850 (motivated seller) and 4 years ago it sold for $187,500. It is in the same shape as before.The appraisal came in at $155,000 and will cause me more than ...
Amir Stoudamire
Investing in HUD Homes? What Are Details that I Should Know
Hello everyone. I was talking with a real estate agent who said that he would be willing to assist me in buying real estate. In his email, he suggested looking into HUD homes. Now as a wholesaler, I have never dipp...