Collin Mitchell
Anyone have experience with Lennar Mortgage?
Im in the process of buying (4) new homes from a builder. They have been dragging their feet on getting me the contract. Come to find out, it's because they want me to use their own mortgage company. Lennar Mortgage w...
Mitch Kenney
Short Sales- Long Term Strategy
My wife and I were having a discussion the other day. She feels that we cannot count on short sales as a long term strategy (for the next 10 years) and I believe we can.
I believe we can because as long as the banks...
Jeff Brenot
Property tax increases on rental properties
Hello BP, I am evaluating a 4-plex in the Austin, TX area. The last tax assessment was for $395k in 2015 (~$9k taxes based on 2.2% tax rate). However, in the meantime, a similar property to the one I am evaluating sol...
Iman Yu
Foundation issues: deal or no deal? (Houston area)
so this is my first property. It's now under contract and we have just gone through the comprehensive inspection which found signs of foundation movement. The signs were vertical cracks around the brick veneer on the ...
Randall George
VA loan waiver exceptions
Hello, I recently made an offer on a duplex that I intended to owner-occupy as I would be using a VA loan. I later found out during the middle of the deal that the owner signed a 1 year lease agreement for each of the...
Tony Villarreal
Bought House, found AC issues after
Bought a 10 year old manufactured home 20 days ago. Inspection was done prior to closing, showed no ac/heat issues. Once we got into the house, we noticed the ac wasn't cooling to temp. The seller included a home warr...
Randall Greene
Unpermitted addition
What's the best way to address an unpermitted addition when negotiating sale price?
Michael R.
Is Flipping Illegal?
Is flipping illegal? Flipping in the form of buying a property and then reselling in the same condition you purchased for a profit. In one city I invest in it looks like it is illegal. Was wondering how this could be...
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 ...
Deepak Tripathy
Need help understanding CC&R covenant for homebouying
Hi Everyone,I have liked a Single Family home in Vallejo, CA and put in a contract. However I received the disclosures as well as the CC&R after sending the offer. I wanted to stay in the property and rent out aft...