So I am not totally sure if this is way out in left field but has anyone ever purchased an inspection from someone who backed out of a deal due to inspection contingency? My thoughts are that it would be a way for th...
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I’m looking for others that have had issues with Lima One lending. Many of the issues I have had and seen Others on the forums include; them jacking up interest rates without informing the consumer right before closi...
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Say you found a really good deal, and you are starting out or have many years experience in investing in rental properties via self management or using the management companies. Pretty much in any scenrios. Would you ...
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Hello BP!I have been renting out my old house for a year now and it has done me well. I've learned a lot from BP but now I need some advice about waterproofing the basement. I was well aware that water would pool in s...
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My wife and I are looking at purchasing a duplex but the local lenders we have spoken with told us that they still require 15 percent down even if the duplex will be our primary residence.
Has anyone else run into th...
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I was going to stop by a few banks to get pre-qualified (or at least see what I qualify for) and talk to them about any homes they are selling.
Since REO's have potential unknown liability issues, is it more likely...
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I plan to find an end buyer and have the seller buy me out of an option contract that I have with him. Before we break contract, however, we will both sign a promissory note stating that he will pay me the differenc...
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I have a property under contract ($31k) with 9 heirs, one of them has a child support lein for about $55k. Is there a way for this heir to relinquish his rights to the property so we can wholesale it? I have a buyer r...
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Hi, looking for an opinion or what to do. Got a quote from a contractor to remove a support beam and install a new support beam. Contractor came to site day 1 to start. I paid after day 1 about 60 % of the job. Th...
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Hi! I was approved for FHA, the seller liked our offer because it was clean but asked us to change to conventional. We changed loan to conventional and the offer was accepted/ purchase agreement signed. My bank is now...