Tony Ho
Seller ask for payment?
I am going to see a house tomorrow and this is my first deal. What if the seller ask for payment after the contract is finished? What do I tell him? I have buyers that might be interested, but I don't know how fast th...
Elda Castillo
Need 100% financing on rehab
Hello,
I am looking for a 100% financing on a florida property that needs rehab. I am interested in buying and flipping.
68k purchase price with taxes. About 20k rehab. Could sell for 124k -150k.
Can anyone recommen...
Keith A. Payne
Bankruptcy Sale Financing Advise?
Was trying to find any information as to how to get financing or the best steps to following concerning properties which such parameters attached.Seller is accepting Cash and Conventional Only. Buyer is required to pa...
Devan R.
New Construction - Home Inspection/Final Walk Through
Getting ready to close on new home June 17th. Home Inspection will be conducted this week. Builders policy is that only the home inspector and builder can be present for home inspection and the report will be provided...
Matt Smith
How son can I buy for a 1031 exchange
Hi,Here is the situation:- I am planning to sell a property that will go on the market May 15th.- It will close around June 15th.- I want to do a 1031 exchange and buy 2 or 3 propertiesFrom what time can I buy the pro...
Tarik N.
Tax time: what is deductible?
Topical question: I have closed on a number of properties this past year, and I have refinanced one, so my question is very simple: Which closing costs are tax deductible?Thank you,
Adam Williams
Can I go above the max LTV on a loan to include the loan fees?
I know this is a silly question, but I can't seem to find the answer. When getting a conventional loan, is it possible to go above the max LTV to include the closing costs?Example: The property is valued at $200k and ...
Charles Mangum
How soon can you market a rental property you are purchasing?
Do you have to wait until the house you purchase closes before you can put a for rent sign in the yard? Can you market the property on Craigslist with "Available (date after closing)".
Thanks,
Andrew Kutscher
Finding Tenants while still getting approved for Mortgage
Hi BP,The last time I purchased a duplex, my lender wanted me to show that I will have someone moved in and renting on the day of close. Luckily I reached out friends/family and made posts on social media which led to...
Ryan Keenan
Purpose of using delayed finance
Hey BP, was wondering what would be the purpose of using delayed finance ? You would have two closings.. why not just put down a down payment from the start?Thanks!Ryan