Hey all, my friend and I are interested in the process of duplex-to-TIC conversion in the SF/Bay Area, and are wondering if anyone here has had any experience either facilitating such a conversion, or has gone through...
I am about to close on a cash-out re-fi and as I was reading thru the loan docs, saw this clause which is something I have never seen before. Is this common in a loan for a 4-plex?? This is a 30-year fixed rate cash-...
My friend and I are both newbies in Real Estate investment. We recently found a condo in San Jose, CA. We want to buy the house as tenants in common. Each of us will pay half of the down payment. However since my frie...
I am buying an office condo in a 3 Story bldg. The suite size is 2300SF. The owner is quoting for 2900SF [adding 25% common area]. Do I have to pay for the common areas?
I was scanning a blog I found here on BP when I noticed the following statement.
Total private-market securitization this year: about $13 billion, roughly one week of GSE-based production. The big housing que...
Hi All,I just got my first-ever tenant moved in this past Saturday and all was going smoothly until she called to set up her electric. She was told by our local power company, PPL, that our meter base needed to be upg...
Hello: can I assume with the April 30th deadline passing, fudging the date on P&S contract will be standard practice ? I would think as long as someone is closed and recorded on state/county site by June 30th, the...
Every HML will work somewhat different but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION FEE. This is a sign of a possible scam.
2) Look for ...
Hi all,The gates from my Condo's common areas out to the sidewalk all require a key to get OUT as well as in. Of course you need a key to get IN, but requiring it to get out means I need to walk EVERYONE who comes to ...
I got a potential buyer, but he says he wants me to pay half his closing costs. He says he's deciding between my house and 1 other, and the other seller is willing to do this. Honestly, I probably will because I just ...