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Not Getting the Hud-1 thing! If I am double closing using flash funding in the 1st transaction then 2nd closing with investor that brings all cash, why is hud-1 involved in second closing? Doesnt hud-1 have to do with...
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Hello everyone,
I am going under contract to buy a non-performing note on an apartment bldg in New York City. The outstanding note balance is $235k and the accepted price with the note holder is $200k (84 cents on th...
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I just got finished reading this article here, and the Assitant Deputy of the DRE basically says, among other things, that the person or entity that negotiates with a lender on behalf of a seller must be a licensed en...
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Hi I am in the process of making an offer for a multi-unit property in Pittsburgh. I work through an agent and he has recommended that I use a real estate attorney to review the contract and make any additions, if nec...
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Had a young couple with a child split up. Girl moved out first ( he was stealing a part of the rent money - nice guy - haha ) and then he moved out a month later. We were happy this happened as we were not going to re...
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I am a perspective buy-and-hold investor in the Seattle area with ambitions of building a sizable rental portfolio. However, as someone new to the game and trying to do his due diligence and real estate education firs...
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My name is Onika and ( you can call me "O" I am a newbie at wholesaling real estate ...I need a mentor to help me through my first couple of transactions.. I got 2 leads now and one of the persons has 10 properties...
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First, let me introduce myself. My name is Jevon Smith. I am a deputy for the Sheriff Department in Texas. I am a beginner real estate investor. I have done some reach search in buying property at a discount rate. Thi...
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Hey fellow BP members!I have lived in my home (I own half of a duplex, technically a "condex") for a little over a year now and I've been adding value little by little since we moved in. The backyard was transformed f...
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I've got an unusual situation I've never dealt with before. I was contacted by a seller trying to sell her mother's home AS-IS (mother is alive, but in a nursing home with severe dementia). The mother is on Medicaid t...