Please I’m desperate for guidance on this matter. The balloon payment due to me as a private lender has not been paid. At the first of May The borrower asked for a one year extension. I agreed to a one year extension ...
This site is a great resource. Most of the sales pitches people here from 'professionals' via the telephone for mentorships or apprenticeships haven't the credibility that calling your own real estate agent, or banke...
BP Community,First time posting to the community. I am a new investor and I am in the process of purchasing a property with my Heloc (7.75% fixed for 60 mo). The property is $105,000. With expenses and minor rehab I l...
I'm in the process of refinancing an out of state rental property. The lender has required a 'Prior to Docs ( “PTD” ) Condition':"Business Verification Needed - Broker to obtain a CPA letter to confirm the borrowers c...
Hi everyone, I'm still a newbie to the forums and to REI in general, and this week I'm screening my first-ever applicants for an open bedroom in a house I've just started to manage for a family member. (I don't have t...
Could someone describe to me how down payment assistance works? I saw someone advertising they needed down payment assistance funding.
The purchase price was $2.5 mil, the mortgage was $2.0 mil and the DPA was $500...
I am preparing for my first long distance real estate deal. I am trying to do everything David Greene talks about in his book. I am:1. Recruiting real estate agent who did most deals and best reviews in the market. (S...
BP,looking for advice. im losing my mind and cant take the stress anymore. Should i hire a PM or just sell them all?
My lease states that I can file a landlord tenant complaint without providing notice to quit - if the tenant vacated the property but left me with a squatter (ex boyfriend) that won't leave the unit - would the clause...
We are getting ready to rent our first home. We initially wanted to use a realtor to help us find a tenant, help with background checks and draw up lease contract etc. The realtors collect 70/30 of first month’s rent ...