David Garcia
Mortgage for remodeled house
Hello,What is the typical waiting time before remodeling a house and when a mortgage can be placed on the property? I recently acquired a gutted house with cash and am looking to remodel the house before putting a mor...
Shane O'Donnell
Creative Mulit Family Offer Ideas
Fellow BP'ers: I'm part time real estate investor looking to elevate my investment strategy into multi family. We've both been researching markets, educating ourselves on best multi family best practices over the past...
E J
Bandit Signs and RAIN?
It's Friday... time for the bandits to come out! I was planning on putting out my first campaign of bandit signs, but I see thunderstorms on the forecast tonight and tomorrow. Does this ruin the signs or reduce their ...
Zach Ward
First Hud bid
Ive got a few properties under my belt but recently bid on my first HUD...haven't done much home work on HUDs so a little anxious on what to expect.Looking at assessors website it looks like It "sold" or "refi'd" for ...
Craig Sloan
Seller Financing Mobile Home Park
I am considering selling a mobile home park that I own. There are 31 lots. 24 lots have homes on them. 19 of the homes are park owned and are being sold on contract. I have a prospective buyer, but he wants seller...
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...