Maggie Mendoza
Help! Should I use a HLM or conventional financing for this deal?
Hello everyone! I have two options and I need to know which one is the best.I have my eye on two duplexes that the owner is selling as a package deal for $120,000 that are appraised for $160,500. Great deal huh? Anywa...
Anthony Brancato
First time hard money loan. Thoughts on proposal
This is the first time I will be using a hard money loan lender.
I was hoping to get some thoughts on the proposal i received.
Thank you!
I’ve attached the loan proposal for you with a summary of the numbers below...
Dmitry Klokov
Is insurance required for residential house sale in Canada
I wonder if at the moment of the closing date a buyer must have a valid insurance on a house for the sell to close in Ontario Canada? Any associated laws?
Thank you.
Sanju Easow
New Construction Home Funding Dilemma
**Posting for a Friend**I have a friend that is closing on his home Monday 06/29, He has been working with a non builders lender but when he had called his lender if everything was good to go on Saturday for Monday 0...
Maria Luna
Land contract purchase
Hello guys,Help please!!!I’m looking to buying a sf on a land contract. I’m ok with the terms, but never done this before. I only done conventional mortgages, but currently don’t have two year work history to qualify ...
Ty Wesley
My First Pre-Approval
Hey again BP !!
Next week I plan to apply for a home loan at BOA. Their closing costs calculator on the website tells me I'm gonna need to pay about 4000 in closing costs if I were approved for the amount applying fo...
Robert Burns
Rent Payments Reducing Selling Price
I still have a number of potential tenant buyers asking why doesn't the monthly rent go toward reducing the selling price in a lease option deal.Here's how I explain it: Your pay a monthly rent to live in the house yo...
Pawel Bronski
Investment / Rental mortgage
Hey BP community. I’m new to this forum and newbie investor. Welcome all.
I got my first rehab duplex this year and all worked out well.
Right now, I’m looking to buy turn key duplex for approximately $100k and to...
Danren Jones
Negotiating after home inspection
Hey BP family, I have my first triplex under contract and we’re going to closing soon. Yesterday I went through the home inspection and a few things were found. There is a sub roof for a kitchen that needs to be repla...
David Rey
disclosure when wholesalin california
when calling escrow title companies in california to see if they handle assignments of contract and double closing. I was told yes as long as it is disclosed. bear in mind im not a real estate agent. When i asked what...