Marc Caraballo
Multi-Offers & FNMA
Kind of a 2-part question, but both are concerning what I've been running up against lately while putting in offers (more-so than usual it seems).
1. Why would every offer I put it trigger a multi-offer scena...
John Thurmond
Timeline for Counter offer
I am in Florida and I just received an offer on a property I am selling (offer A). I countered a few hours later the same day. About 2-3 hours after that, I received another offer (offer B). Offer B is higher. In ...
Dominic Richardson
Seller Financing Deal Analysis Help
I need some help analyzing this property in Texas. The seller is offering seller financing. Here are the #s:
Asking $129,000
2 bed 1 bath 718sqft
Everything has been updated
15% Down - 9.5% Interest rate - 30 yrs ...
Anders N
Homepath Financing on FNMA REO's
Is Fannie Mae HomePath the Right Path?
How the new Fannie Mae HomePath financing program works and how to use it wisely.
The Federal National Mortgage Association (FannieMae) recently announced a new program called ...
Jeff Kushner
Is a $295 brokerage commission common for buyer's agent brokerage? (Palm Beach County, Florida)
QUESTION: Is a $295 commission or fee to my realtor's brokerage, in addition to the 3% sales commission common?SITUATION: I recently asked my agent to draw me up a purchase contract for a vacant lot sale in Palm Beac...
David Dorau
Office Buildout
I recently acquired 3200 sqft of vacant office space from a bank. It is divided into two 1600 sqft mirror image sections. I have planned out ways to break it down so that I can rent as little as 400 sqft. The commerc...
Keith Robinson
Live in flip in the unincorporated (county) area of Los Angeles
Hello fellow BPersI am looking at a property in the unincorporated area of Palmdale, CA. I am planning on doing an initial rehab then start an addition (Master sweet) to the current property within the first year. ...
Wayne Connelly
Should I use an LLC to manage my rentals?
I know the advantages of TITLING a property in an LLC. Separate from that, I think that I remember hearing a RE guru say that in addition to this, setting up a separate LLC to MANAGE rentals offers additional protect...
Paul Harb
Energy savers program new construction
Is anyone familiar with the ComEd and nicor or new construction energy efficiency programs that offer incentives and technical assistance to developers. The project is a mid-rise new construction.Do you recommend them...
Ruben Helo
Property Management fee
What is the typical range for short term rental property managers? Are there any Airbnb managers on here I can connect with?