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I hear many lenders require the borrower to pre sign a quit Claim deed when they fund the loan.. with the proviso if the loan goes 30 days delinquent that the lender will just file the QC and wipe out the borrower wi...
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R.e. agent is saying that M&T bank is asking me to sign a contract with seller BEFORE letting me know if they accept my offer...does this sound right? I've already given a binder, now they want 10% of P.P. with si...
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Hey everyone, I'm on my 2nd sandwich lease option deal and I'm trying to figure out if I can set the option purchase price above it's current appraisal value because of the option consideration fee they're paying m...
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I am in Silicon Valley, California - which has very high rental values and very high property values. Any thoughts about the best location in the U.S. to purchase property to rent out and buy and hold?Why do you thin...
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Desperately need advice! I'm in Lexington, KY and I have a couple of listed, on-market properties that I have made offers on. The deals are solid (I will be able to wholesale them for 20k or more below the original as...
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I’m looking to invest in real estate. And I often hear from “gurus” that you do not need any more or great credit. However, I feel like there is something they are not telling us. Maybe they are just trying to pocket...
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I was thinking about my personal portfolio and the amount of debt I have. I know most people will think I am under leveraged, but I like the freedom and flexibility this provides me.
But it got me thinking: What is ...
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How do you find the banks for delayed finacing thru Fannie / Freddie?Spent lots of time on the phone calling but cant seem to get anywhereThanks
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I asked a broker to quote a refi for one of my properties both as a rental and as a primary, to see what gives. The only difference was the interest rate on the rental was 62.5bps higher. I was anticipating a higher r...
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Hello all,
I recently joined the bigger pockets community and have really enjoyed the amount of information and tools here available to make investing in real estate easier. I am looking to make an active switch in m...