What do you say when a seller responds to your yellow letter, but already has the property listed?  

We have had a couple situations where a buyer wraps up a property on a conventional loan, then it takes 4 weeks for them to find out they were not approved.  We just got another contract for an FHA buyer for one of ou...

Hello: First thank you all for your time! I am new to the investment arena but ready to jump in, located in Tampa, FL.  I am currently looking at a Multifamily, 6 bedrooms, 2 bathrooms, built-in 1984. Currently occupi...

What are your thoughts on escalator clauses?  I saw in other forum discussions (from years past, nothing too recent) that people have had some success with them.  Obviously they make more sense in hot market like righ...

Greetings, Hope all is well.I am a new RE investor. An opportunity has came about. A friend is moving away and is interested in entertaining my offer price.I quickly set up an appointment to go see the house this comi...

Good morning everyone,I placed an offer to seller one day.  The agent says they will consider offer and get back us the next day.  Next day arrives and we are informed that there is now a renter moving in.  There is s...

Question in brief: When buying with an LLC, do you need to have a bank account tied to the LLC, or can a member finance the purchase, while the LLC takes title of the property?Here's the scenario: So I'm in the proces...

I was in a contract to purchase a home in SF Bay Area. I waived all contingencies with my agent suggestion. I made the EMD of $33k and was in the middle of financing. I got the appraisal done. 7 days after the offer w...

Does anyone have any experience with BELOCs?

:cry: Finally get a client who wants to fill out a contract/offer for a house, made sure I called realtor to see if she had accepted any, 10 am, the answer was no....turned in my offer by 12:15 with check ....found ...