James Bavaro
Open Permit from 2005 - Multi-family Investment
Hey all,
I have an offer accepted for a two-family property that I plan on utilizing as a rental. The property illicit great numbers (ROI, cash flow, sale price, etc.) Just before signing my contract, however, the se...
Michael Figueroa
SMART PEOPLE ONLY - Lets get lost in the weeds here
I have $500k in cash liquid. LOSING MONEY AS WE SPEAK lol I am making my real estate plan, and I want to get paid later as if I showed up and worked a job. In California where the prices are high but the appreciation ...
Jacqueline Gonzalez
How to become an investor-friendly agent
I have had investors contact me recently, but they are new. Some of the jargon is unfamiliar. Their methods of determining whether it's a good value differ (i.e., ARV - I understand this method). Also, some base their...
Albert A.
Creative strategies with an assumable loan
Hello,There's a SFH in California (Central valley) that's listed for around $365k. It was appraised around there as well. It's been listed for 100+ days. The owner is moving out and is currently in escrow to buy anoth...
Nicholas Weckstein
approved for loan but closing costs outrageous
so i'm approved by wells fargo for 145,000 with 25% down. my rate is 4.875%. buying in the scranton PA area. paying no points. and here's the kicker which i feel is insane...$10,059.86 for closing costs and prepaids ?...
Anthony Simboli
All Cash Offer for Entire Lease Upfront - Good Idea?
Hey guys,So a unique opportunity came about that I've never experienced in all my years renting. Someone in the neighborhood offered to pay cash (or cashier check) for the entire rental lease (10 month lease) upfront....
Sandy Uhlmann
Does a non-performing note have to be with a servicer?
Do all non-performing notes have to be boarded with a servicer BEFORE they are worked out? The non-performing notes have some of the highest monthly fees. (usually around $30/month) For non-performing loans which ma...
Basit Siddiqi
Appraisal came below Purchase Price - What Should I do?
Hello Everyone,I hope this is the correct forum for me to submit this. My apologies if it is not.I put in an offer in a row-home in Allentown, PA.Seller's original asking price was $50,000 and we agreed to $47,000 wit...
Yadira Gutierrez
Urgent -Selling my house with inexperienced agent...help!
Hello BP Community,I gave my house listing to a relative that is a rookie. Long story. No, cant get rid of him. He is under an experienced broker though. And I must say I have been very detailed so far; however, I am...
Luke H.
How to sell a property using Owner Financing
Hello everyone, hope all is well,I plan to sell a property using Owner Financing and need/want to learn the ins and outs of this strategy. I have searched online for information and I'm asking if anyone has good infor...