Denise White
Title Company Ethics and Regulations
Complicated: Our Closing agent, at a local title company, is the in-law of the Buyer of our home. I'm the Seller's agent (of course-my home), and the Buyer's Agent for the buyer of our home. I found out later that ...
Adam Hofmann
Have you done a deal in yet in 2014?
If you have, I want to hear about it!
I've been talking to the guys at BP about doing a daily post with a more in depth dive of successful real estate deals. I personally find these to be incredibly helpful f...
Tom Jones
Few questions
I currently have a few questions regarding wholesaling properties. Any help, advice, etc would be appreciated.
1. I understand how to determine what to offer a potential seller for their property (ARV x X% - repair...
Teresa F.
TRID will end 30 day closings for non-cash investors
I attended a TRID training this week. TRID is the new process that mortgage brokers/bankers have to use that will replace the HUD-1 (for non-cash buyers) effective October 1. During the presentation, the lenders sai...
Richard Graham
Freddie Mac wont pay negotiation fee
Hi every one. I have a deal I have been working on since October. Loan is with SunTrust (Freddie Mac). My LLC stepped out of the way to let the end buyer buy directly from the bank. Agent is only getting 3% and my ...
Jeremy Bohnett
Partnership Deal while LLC is being opened
Hi everyone! I'll try to make this as simple as possible.My business partner and I are opening up an LLC in Arkansas but the process is held up for 2-6 because our registered agent had to fax a form to the IRS to rece...
Matt Berklacy
how does seller finance & wholesale contract go together at close
have a paid off, as-is property that needs a cash buyer , under contract, marking it up, and market property to assign contract to new buyer, and seller will do seller finance...how does the seller financing, and who...
Darrell Crosgrove
Closing costs -- HOW MUCH???
Got a question -- have a family member who is looking to purchase a rental from someone she knows, and is seeking to refinance her own home. Her lender is supplying terms for the rental property which... simply put I ...
Brad T.
Double Close Confusion
Hi Everyone, New to BP & Wholesaling and hoping someone can help me understand the double close strategy a little better. I get the general concept.. but struggling to understand all the fees. So from what I gathe...
Gregory Jerome
Need help explaining a double escrow!
Need help explaing a doubke ckosing to my title companiesSo far ive called 2 in my area and they were both puzzled, they said they didn't have enough knowledge about it I explained i was going to have 2 contracts (buy...