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Results (10000)
Account Closed FHA loan but don’t want to live in one of the units. Thoughts?
25 October 2021 | 2 replies

I am currently about to close on a multi family unit with an FHA loan. But I really want to stay living in the suburbs. I’m sure plenty have done it before where they got the loan but live somewhere else in the first ...

Karl Washington Options to fund EMD?
8 July 2023 | 5 replies

Hello,What are my options to fund my EMD aside from putting in the contract that I'll pay it at the end of the inspection period or using a gator lender? Could you simply JV the deal? Thanks for your help.

Jason Nelson Looking at a Rental with pool
5 October 2021 | 4 replies

I am in Rome Georgia and looking at a rental with a pool. Should I keep the pool and have in the contract the pool is the responsibility of the Lease or should I charge more for the rent and cover it under the self pr...

Katsue Yoshimura How to price wholesale house in Norristown, PA?
2 February 2021 | 3 replies

The surrounding house is valued at around 135K. But the Zillow says 190K if it is in good condition. Which information should I use?

Account Closed Discount/Sale to Fannie Mae
19 November 2014 | 1 reply

Because my lender (conventional mortgage through a bank) botched giving me the rate we had agreed upon (I have an e-mail to prove.), in order for me to close on time, I had to take the incorrect rate (lower rate, payi...

Peter Beebe Can you 1031 exchange after purchase
30 May 2021 | 2 replies

My business partner and I are listing our current flip next week and are due to close on our next BRRR. Since we will be closing on this new property before closing on the property we are selling can we still use the ...

Jason Turo Examples of promissory note for purchasing with owner finance
16 July 2018 | 3 replies

I am designing a couple options for the seller of SFR.  I want to offer them the ability to sell to me with Seller Financing and I want to have all the paperwork completed upfront for them.  Could you share an example...

Ryan Kurth Accounting for Closing Costs (etc) w/Hard Money
27 July 2016 | 2 replies

Hi all, I hope this is not a question that has been beat to death and I've just missed it.I am preparing a pretty simple accounting system to account for a BRRR property. The acquisition would use a hard money loan, w...

Grant Thompson Commercial Lending for Syndications
4 March 2020 | 8 replies

Hello BP,My business partners and I (the Managing Members) have raised capital through a syndication to invest in multifamily properties. We are having issues finding a lender offering commercial loans that meet our n...

Kally Dobak Basement not up to code
9 August 2019 | 3 replies

My boyfriend and I bought a house through new western acquisitions (wholesaler company) for our first rehab. Bad idea # 1, anyways we got the property in a great area of town and had to close in 3 days, so we were not...