Jeff Warner
Do it yourself "Yellow Letter" - A how to guide!
First off I'll start with my disclaimer:
This is MY version of a "Do it yourself" yellow letter. I know there are other ways to do it and companies that you can pay that will d...
Mark Forest
Cant buy a house
I am working with a good Realtor and I make offers well above asking. I just lost out on another offer I made. It will be interesting to find out the winning bid upon closing. The house before this I made a cash of...
Account Closed
Adding ADU to fourplex in California
So apparently the ADU law (SB 1069) in California allows the addition of an ADU to a fourplex.Does anyone know if conventional lenders will still consider this to be a residential property?(Is it still a fourplex?)If ...
George Wolff
1031 exchange
In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?
Chris Wilkening
Dave Ramsey says RE should be 5% of portfolio
I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...
Ryan Swigart
Has anyone had their realtor urge them to use their lender?
I am relocating so I have a new realtor I have never used in the past. She has been very good so far. However, when I told her I wanted to submit the first offer, she called me and strongly urged me to use a local len...
Jack Tucker
Cash-out refi, buy, sell then 1031?
This is probably a very basic question, but I have no shame when it comes to learning here in BP: I'm about to do a cash out refi on one property (#1) I own free and clear in order to use that cash as a down payme...
Michael Rossi
You Might Be a Moron If You Make a Global Warming Announcement During a Historic Snow Storm!
Here's the story:
http://blogs.wsj.com/washwire/2010/02/08/noaa-blizzard-rearranges-climate-change-announcement/
Here's my favorite part:
More and more, Americans are witnessing the impacts of climate change in the...
Terry Lewis
Seller Financing Dodd Frank Exemptions in each state
I am an MLO in California. The Exemptions in California follow the Federal law. I am doing a survey. What are the laws in each of the other states with respect to exemptions and seller financing?Thanks in advance for ...
James Peterson
Opendoor raises $210 Million in new funding
Fortune articleIs this the new wave of buying and selling? Or does Opendoor just cater to the lazy, instant gratification (millenial) crowd?I could see this format effecting many wholesalers and flippers that target f...