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So I closed on a duplex Friday. I had a sick child so my husband closed in my absence, so this is all being relayed second hand, but here goes. Before closing, I made sure prorated rent and security deposits were in...
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Hi, I just want to better understand how this works....when figuring the cash on cash return, the figures on the mortgare/ points / and closing costs, are these figures coming out from the seller side of their finacia...
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Back in early July of this year, we closed on a 1,200 sf, 3/2 ranch in our hometown of Brick, NJ. This was another scenario where our agent had been the winning bid at auction and had later passed this property on to ...
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I am currently purchasing a turnkey rental from JWB in Jacksonville and just found out that when the agent went to bind the policy, the carrier declined coverage. In speaking with the insurance agent (Ricci Insurance)...
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Just set up my first meeting w my first title company. What are some good questions to talk about with these guys/ladies? Keeping in mind I want to start by wholesaling most of my deals.
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Hi BP community!We just closed on the sale of a rental property and are doing a 1031 Exchange to finance the purchase of 3 rentals. The process is fairly simple, there are some rules on the minimum debt and price of y...
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I am working with a good Realtor and I make offers well above asking. I just lost out on another offer I made. It will be interesting to find out the winning bid upon closing. The house before this I made a cash of...
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A real estate attorney who is a type of person who is "solution" oriented and thinks out of the box, told me that I could do a "reverse assignment" to alleviate the seasoning issue when flipping to an FHA end buyer. ...
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I am so close to being ready to get my first wholesale deal. The only problem is I am struggling a lot to figure out if it is a good deal or not. I am looking at on-market properties. I feel like every time I see a ...
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I know this is a silly question, but I can't seem to find the answer. When getting a conventional loan, is it possible to go above the max LTV to include the closing costs?Example: The property is valued at $200k and ...