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Hey all, I am closing on my first property in less than two weeks. My PMI has changed 3 times, supposedly my lender had included my 2nd income but during under writing this was changed to not be included, since I have...
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Hello everyone,
My name is Haris and I am new to this forum and community. A wealth of knowledge on here from what I've recently gathered and glad to be a part of it to collaborate or assist. I am a local mortgage b...
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Does anyone send "yellow letters" with an actual offer figure? Recently watched a podcast where discussion came up around intriguing strategy to send an actual figure "I will buy your house for $xxx". Theme was that p...
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Hi folks,I'm a analyzing my first legitimate deal. I've done plenty of analysis for practice but this one will be a serious offer.Let's start with the property description:Senior community (55 and over)2 bed/1 bath98...
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Sooo... most HML will tell you (it’s in my interest that your deal works out) which sounds good and fairly legitimate given that if the flip doesn’t sell after rehab they probably don’t get paid timely and have to jum...
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Hi everyone, I recently got approached by a company called find dream rentals. They help you find short or mid term clients. Something does not check out. 1) the reps have very American sounding first and last name bu...
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Newbie here with my first investment property dilemma. I have two potential tenants for our property and I need to let them know which one will get the place. Here they are:#1 Mother with 3 children and good job and ...
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HI BP. Like many others, I work a 9-5 and commute heavily back & forth to work. By the time I'm home it's like 7pm and i have a couple kids also. I want to invest and make some money and have my money work and mov...
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Is anyone having to show prof of funds for every offer u submit? How is your agent making you propose a bid? Are agent wants us to show prof of funds for every bid . It's this common ?
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Hello,
I just introduced myself in the new member area so this is my first official post!
My first “investment” in real estate is underway and it is quite unique. My father owns an apartment complex and he gav...