Hello,I’m between lenders and they both sent me back my appraisal. Lender one: fully approved & rate locked in.Lender two: Conditionally approved and my rate is locked.Lender two’s appraisal is 5k less than lender...
Deal details:
Short sale home
Agreed sale price: $17K
3rd party listing agent fee: $10k
Closing cost: $3k
Total: $30k
Loan details:
$30k
15-year 3/1 ARM @5.7%
20% down ($6k)
Monthly breakdown:
Rent: $650
P&I:...
Hello,I am looking for some good referrals for Realtors in the Denver area to help find promising multi-family or single-family property. I am new to the area and would love some suggestions from people who are from t...
We're in process of refinancing our primary home and I asked our mortgage specialist about opening a HELOC so we could use it for a down payment on an investment property. She said that they typically do not offer the...
Thanks to bigger pocket, I got a personal loan from bigger pocket network. However, I am not sure how to handle personal loan in house purchase. 1.Should I ask for a preapproval letter and attach the letter to my con...
Hello!Everyone! I'm a new wholesaler and is in need of some assistance. @SeanJones or anyone else, do you have a copy of a Illinois purchase agreement that you use to put a home under contract for a wholesale deal?...
Hello,I am a newbie who is investing in tax deed sales in Florida. I am learning that lots of the properties going up for auction have a mortgage on the property. If I am the successful bidder on a property do I tak...
Please comment on what you think about this PM. Do they sound reasonable?
Global Reality
The following will recap our services and fee structure:
• Monthly management fee - $75 per property per month...
If We called the listing agent off MLS, we are proceeding to an accepted offer and going under contract, and we don’t think the selling broker seems like they are representing our interests correctly, can we insert a ...
My business partner and I are under contract for a multifamily property. He is putting his half of the downpayment from funds from a 1031 exchange. He was told by the 1031 agent that we cannot form an LLC for the firs...