Robert Haviland
How to Get Multiple Estimates/Bids From GC's
Hi Everyone,I have a newbie question regarding how I should go about getting multiple GC's to give you estimates/bids on a rehab. For instance, if I wanted to look at a distressed property with my real estate agent wo...
John Baskin
FHA QUESTION
While I understand that that when dealing with an FHA Buyer, I must hold title to the property for 90 before selling it, my question is if the property has to be held for 90 before the property can close, or before th...
Victor Peng
Buyers Agent for Apartment Purchases and LOI Terms
Is it common to use a buyer broker/agent when purchasing apartment buildings?What are the typical terms when putting an LOI in your market? (EMD, Pre-Look, Money goes hard when, Days for due diligence, days to close, ...
Michael Dunn
Cash-Out Refinance..... Start paying Interest immediately ?
Just had a quick question please, regarding Cash-Out refis. 1. Do you get the Amount of Cash from the Refi. sent to you , via a Check ?2. Do you start paying Interest as soon as they Lender writes you the Check ? 3. ...
Michael Vaughn
Buying a note in the middle of a trial payment plan
I'm currently in the due diligence of a note, perceived as non performing but as I started to inspect the file I have noticed the current loan services company has reached a 3 payments trial payment plan agreement wit...
James McGovern
What Bank Is Fastest when it comes to Cash Out Refinance?
Would love to know if any bank exists that can do a cash out refinance where underwriting takes less than one week
Anthony Miller
Tenant Moves In Someone Not On the Lease
I have a Section 8 tenant who moved in his girlfriend and her son without due notice. My basement is FULL of her stuff and the neighbors are complaining about the loud music nearly every night at 2 AM. I have a stro...
Jack Sarcia
What if I cant 1031?
I will be closing on the sale of my 3 family next month for 450k and I will be netting about 100K before capitol gains tax.My problem/question is that my first year of self employed income does not qualify me for loan...
Terry R.
Duplex - No Comps - How much to offer?
I'm fairly new to investing. I have found a duplex that I am interested in. My realtor cannot provide any comps as a duplex has not sold in the past 5 years. How do I know what price to offer? My realtor thinks the p...
Patrick Jacques
Foreclosed with unpaid balance
While looking at properties I'll come across a property that says "foreclosed , unpaid balance of $ ". What does this amount mean? How is the unpaid balance taken care of? By who?