Brian Willie
Re-Selling A House Currently Held Subject To As Subject To
I have a house in TX that I own subject to. I'm looking at possibly re-selling it. Are there any restrictions on re-selling it also as a subject to to a new purchaser?
Chris Garzino
Office Condo Investment
Hi BP Community,I would like to begin investing in commercial real estate. I have come across office condos which have a lower entry point when compared to full buildings. Does anyone have experience investing in of...
Greg Stetz
Estimating closing and sales costs accurately?
Whats a great way to find out sales and closing costs before you buy a property? I have calcs to use but how do I get tighter numbers?
Account Closed
Agree/Disagree re: Tenants -- past performance guarantees future results
I do my own leasing and screen tenants.
Unlike stocks, a tenant's past performance is a guarantee of future results.
(i.e. if there are red flags in their past, there will be red flags in your future if...
John Hyatt
How to get a loan on a house less than 50k?
I got inspired the other day when I read an article on a guy who bought 44 units in about 5 years, started at 20.I found a neighborhood were the houses are selling around 35k and the rents are $700! I got so excited I...
TRUNG DAO
Sticky situation with buying home with tenant's deposit money.
Hello and please advice...
My offer was accepted by the seller for $118k and we are scheduled for closing on June 25, 2014. This property has a tenant that pay about 1250 a month and is on a month to month w...
Isiah Ferguson
Potiential tenant wants to have her dad to co-sign!!
Over the course of 1 week I’ve had roughly 8 potiential renter leads. It is not listed on no platforms but I do have a For Rent sign in the yard. It’s a newly renovated 2bd/1bth and I have it listed for 795$ Per month...
N/A N/A
Refinancing question
I have a question (I will be using fake numbers), say I bought a property at 100,000 and put some rehabbing work in. I only had 10% (10,000) at closing so I needed a 80/10/10 loan, loan value = 100,000-10,000=90k
So ...
Harrison Painter
Working through the "4 Mortgage" Rule?
I wanted to get some conversation going about the "4 Loan" rule that the lenders are sticking with at the moment.
Keep in mind that I am talking about direct lenders/mortgage brokers, not hard money or other more cre...
Brett Lee
Just purchased looking at refinancing but could use opinions
I just purchased our family home for 366k and it is worth $425k-450k.
I am interested in refinancing so i can pull money out to buy another house. Also, wanting to get out of pmi.
Looking for thoughts from BP memb...