Brian V.
Is it an insult to make an offer based on the income?
Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
Jenn N.
1031 exchange, investment exchange, or....any ideas?
Hello everyone! We just went under contract for a property for $425k. I'm trying to decide if I should just use my cash for a downpayment or 1031 one of my properties for the downpayment. The one I'm thinking about 10...
John Collins
If listed with an agent, can I FSBO
I've been contacted directly by a grad student who wants to purchase an apartment I have on the market (paid off, completely own) through my own connection.
It's currently listed with an agent. To sell direct, woul...
Brandon Sturgill
Simultaneous Closing and Fannie Mae Guidelines
Is a simultaneous close within Fannie Mae guidelines...? I am looking to close on a flip and trying to locate a title agency that will do the simultaneous close. The agency rep indicated they could do the closing if i...
Andy Wu
FHA 90 days rule, how it exactly count and more
Hello,I have a house I bought in March 22nd and rented it as lease to purchase. Now the tenant want to buy it with FHA loan. What is exactly the earliest closing date for house can be sold.Is it can be closed on 6/21...
Devin Keener
Should I rent this Denver condo out or consider it a flip?
In 2019, I purchased a one-bed condo in a very desirable area for 237k. It's worth $330-$350k now. I'm also building a $598k home in the Denver Metro Area that is currently estimated to be valued around $650k at close...
Ed B.
How to sell but protect myself from buyer's potential default?
I have a house I'm willing to sell for only $5,000 down (Selling price is $135k), with balance due in 3 yearsOther than offering a lease with purchase option at the end of 3 years, is there any way to protect myself...
Ken Hicks
Canceling a contract with listing agent?
I have a property listed with an agent. It's been on the market 5 months. I want to take it off the MLS and try to do a FSBO then in 4 months re list it. The agent told me to send a certified letter wanting to cancel ...
Gladys Cepeda
SELL villa for a multifamily OR HOLD for more cash flow?
Hey!! I currently own a cute villa 2/2 in West Palm Beach Florida, in a 55 and over community. PROS of this villa: Great tenant, villa has appreciated 100k in 5 years, low HOA fees, locked in a Low interest rate. CO...
Vicki Gleitz
can I do anything
Almost 2 years ago, my disabled son purchased a home as a rental [and to live in it when and if he is ever able. wIt as an extreme fixer-upper but we worked on it every week-end [commuting from Denver] I fell in love ...