Daniel G.
FANNIE MAE REO - YOU CAN FLIP THEM IN 24 HRS!!!
So we have a REO Fannie Mae under contract for $45k and flipping for $54k. Buyer is under contract and we are doing a double close. Should close in less than 30 days! $9k profit - I find property and partner finds b...
Christina Kinard
Mortgage Loan Question - Vacation home North Carolina
Hello!
I am under contract on a vacation property (10% down) & looking to lock in with a lender. The current lender we got rates from is telling me that they require a percent of the loan up front kind of like bu...
Rob K.
Anyone ever get an unexpected (or undeserved) windfall on a real estate transaction?
Just curious if anyone has had something similar happen.
Years ago, I purchased a foreclosure from a bank. It was a weird closing that took place at this creepy lawyer's office. When I got there, he wanted me to clos...
Miles Stanley
Getting a SFR under contract, non-MLS
I’m trying to bridge a gap here.My plan is to market to non-MLS SFR’s and make offers directly to the owners.I want to rent them out.I'm a little mixed up on the role of a RE agent and/or a RE attorney here, specifica...
Account Closed
One loan, Two Properties, Two Different Sellers
So I'm under contract for two different properties that each have separate sellers (both parties unrelated completely). Since one property falls below conventional loan minimums (75k is usually what I see as a min) an...
Zipp Huntere
HELP!!! Need some serious advice!
I am currently working on a project in which the seller has agreed to sell me his property at a substantial discount, the only thing is that he is in the process of moving his stuff out the property and needs some ass...
Greg P.
Title Company made mistakes on HUD?
Hello, I closed on a property today and looked at the HUD thinking I was over charged, but she seemed sure it was the assessments from counties etc that made it seem that way. Well, I called the county and she made ...
Miriam De Haro
AC unit was stolen after final walkthrough and before I got keys
Hello everybody! I find myself in a little trouble. Hopefully, someone will be able to provide advice on how to best tackle this; I would greatly appreciate it. I recently purchased my first house hack in Texas. The f...
Peter V.
Want to use a Land Trust to wholesale an REO but...
I was reading up on Land Trusts recently (for wholesaling purposes) and decided I would give it a shot.
The process would be as follows:
Make offer as YOUR NAME "trustee of ABC Investment Trust"- exa...
Brian Crowe
Lending - Any one used Dominion Financial for lending?
Hello All,Reaching out for any insight into this company, Dominion Financial. Based in Maryland and lend on the East Coast. They are wanting all my financials, SSN etc for the application. I expect this, but was not...