Ira Jeter
Seller Worst nightmare
So my mother-in-law is in the process of selling her home with a realtor, and the end buyers somehow convinced them to let their family move in 2 days before the closing. Now the day before the closing the buyers deci...
Christopher Roberts
Commercial Mortgage Broker Proposal
Hello, looking for insights on a proposal received from a commercial mortgage broker. The loan is for a multi-family apartment building. The proposal I received has the following facts:Total fee is between 2.1% and 2....
Ken Calvin
Bavex Lending for long term financing
Anyone heard of Bavex Lending before? I came across them in a FB group for REI and thought they had a good deal on long-term financing. 5.5% recourse 30-year term for LLC. Everybody else asks for at least 6.5% and 2 p...
David A Slocum
Delayed Financing question
I'm a new BRRRR investor looking for my first single-family deal and I just finished David Green's book on the BRRRR strategy. I've been listening to BP podcasts and came across two podcasts that mention delayed finan...
Reba Vera
Newbie question for landlords
Hi BP community,
I have a question for landlords buying properties with tenants.
If you buy a property that comes with tenants, do you typically see the lease in contract before you close escrow?I am due to close on...
Rance Robinson
Is it Possible to Get Hard Money as a Down Payment?
I currently have a contract on a great property with a HML who offers 100% Financing. Because the property is in a gentrifying area, the 100% Financing option doesn't fit this HML's criteria so I'd need to bring rough...
Michael Filipidis
Should the lender pay?
Recently closed on a property for myself in Charlotte. My lender Capital One did not know that an HOA questionnaire was required until 4 days before closing. They had to move closing back therefore I️ had to pay to ch...
Toan Nguyen
How trustful is quicken loan?
I'm trying to find private lenders out there to help me buying 2 properties in total of $120k. Already bought my first one and currently renting it out. Now, I am up for bigger challenge. Need help!
Rodney Byers
Question about past due taxes..
I am in the process of doing my first double close on a property. The A seller owns the house outright and it has been sitting vacant for 12 years. When I pulled up tax assessment online it said taxes was past due fo...
Robert Bartman
Please check out this Deal! Thanks!
Here is deal I'm considering and I would appreciate comments on the numbers. Thanks so much!