Jason Hitchcox
Bank of America addendums
Has anyone else dealt with these BofA addendums when purchasing a REO from BofA?
We've been counter-offering back and forth for almost 2 weeks and finally have agreement, but before the deal formally goes under contr...
Shital Thakkar
Bid4Assets Land Auction
Hi,There are small single family lots for auction in Bid4Assets auction site. Small lots away from metros in range of $500-$1000. Is this investment make any sense if thinking of holding for long term? or buy in bunch...
Melody R.
3.5% Down on Owner-Occupied Duplex or Triplex? Is that Realistic?
Hi! I am looking to buy a 2-3 unit multifamily in Southern California. Is it realistic to plan to put 3.5% down with an FHA loan? I'm aware of 0% down programs like NACA, but I do not qualify since I already own. I wo...
Lisa Chipp
Conventional Loan for Rental or Flip
I am actively looking for ways to secure capital to purchase my first real estate investment. I have equity in my current home and am shopping out a HELOC to use for a down payment and other costs. I spoke to a loan o...
Marian Smith
Jury for Eviction Case at JP court Texas
I hung around even though I was not selected for the jury on an eviction case. The plaintiff was a software guy who owned the house with a partner...his opening statement was something like, this is such a simple cas...
Shawn Hurley
Proof of funds letter
HELLO GUYS I'M NEW TO THE BP COMMUNITY AND I HAVE A QUESTION. I HAVE FLIPPED A LOT OF HOMES BEFORE THE MARKET CRASHED AND DURING THAT TIME I HAD IN PLACE A LINE OF CREDIT AND A PRIVATE MONEY LENDER TO HANDLE ALL OF M...
Tommy Daniels
I'm a buyer -- 1st & 2nd lender approved short sale
I am a new investor looking to purchase my 1st rental property. It is a 12yr old townhome in good condition that will require minimal repair to be rentable. The 1st and 2nd lienholders approved my first offer of $8...
Julia Bobe
RE agents taxes on commission
Do real estate agents pay taxes on commissions they receive for the sale or purchase of their own home?
Aaron W.
Delayed Financing Question
I am trying to get a better understanding of delayed financing and how to complete one correctly. From my understanding, you purchase the property in cash and ensure the repairs/rehab costs are included in the HUD-1 ...
Sammie Baker
Cash Out Refinance without W2?
Got our first investment property through a bank statement loan since we are self employed. We are putting 20% down and are stuck with a 6% interest rate. Two part question:A: I'd like to do a cash out refinance even...