Randal Shaffer
Renter's vs. Rental Property Insurance
Hey guys,Newbie Rental investor here. I am prepping my first property for rent and I have a couple of questions that I'd like some opinions on.1) I set up rental property insurance, but I disagree with the amount the ...
Sean Dezoysa
Is this a fair fee to charge for loan origination?
Here's the scenario: A private lender is seeking a mortgage company to handle loan origination for his loans. The private lender has his own list of lendee's, so the ONLY activity the mortgage company handles is the ...
Kelly Madden
First qualified tenant application?
Hi there!First rental property here and we received our first qualified application before another prospective tenant put in their application. I was planning on writing this email. Is this okay?“We regret to inform y...
Tripp Drummond
Security Deposit
So I have a friend of a friend that is moving to Orlando and he is looking for a place to live. I just bought my first house as a 23 year old with an fha loan and I was planning on living in it for a year and a half b...
Robin Simon
Real Estate Investor Financing 101: 1007 Form
From a twitter series:Why is this boring innocuous sounding form is so crucial to financing your real estate investment properties?What is the 1007 Form?Standardized Fnnie Mae "Single-Family Comparable Rent Schedule"...
Luz Pagan
Payment in Cash or checks
As a mentioned in previous posts, I am fairly new in the Fix and Flip business. However, I have make sure that I read suggestions and experiences of other members to avoid monetary lost. Last week we (my husband and ...
Jason Rivera
U&O and Title
I made an offer on a property. Full ask, all cash. Signed the preliminary paperwork, agreed to the seller's quick close, and was ok with his agent being in some way related to him. He comes back and asks that I agree ...
Account Closed
How to make contingent offers?
Hello! We are ready to put in an offer on our first house, but we need to be sure that there are contingencies in place, specifically an inspection clause that lets us out and guarantees our earnest money back.Is ther...
Sid Liso
Real estate agents with HUD, Fannie, Freddie
I just wanted to ask those who have experience buying through Fannie, Freddie, and HUD if you used a real estate agent or simply had an attorney and title company work for you? I ask mainly because on one property I w...
Jordan Johnson
Question: Hard money then refinance
I had a plan to buy my first investment property using a hard money loan, rehabbing, then refinancing with a conventional loan based off the ARV. I mentioned this to my realitor and she said that isn't really possible...