So I have a solid deal available fully renovated property, seller willing to take close to 20k less than what it appraised at which would mean instant equity. Here is the issue I am unable to get a traditional loan as...
I am new to this site but have been looking at a variety of threads and wanted some advice. I just turned 25 and recently bought and currently own a brand-new, $1M house with 20% down in an area that is likely to appr...
Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...
Hey Gang,Searched for an exisiting thread that touched on this buy couldn't find one on the first couple pages of results. The quick and dirty question:What is your opinion on getting an assignment contract signed by...
For some reason, I cannot locate the option to change.
Hi BP family!-I settled on my first property back in March, below are the details:-FHA loan, 3.5% down -Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft. I am living upstairs in the loft, both ...
Hi Everyone,I am getting ready to place offers (letter of intents first) on a 24 unit building I'm looking at. This is a value add deal and is not bank financeable due to condition, mismanagement, and lack of document...
Just purchased a 4plex that shares a common driveway with the 4plex next door. Here's the problem: the common driveway is riddled with potholes; both within our property line as well as the neighboring 4plexs' pro...
I had a good professional friend tell me if I wanted to lease option my house, it would be a good idea to collect a due diligence fee and take the house off the market for a year and just lease the property to the ten...
I am trying to determine if I need the services of a real estate lawyer or an accountant as I determine whether to sell or rent my current home. My situation, and questions, are as follows:
My wife and a I are going...