Anjelica Allen
Something just doesn’t feel right, need advice.
Greetings everyone,So I’m one week to closing on my first home. I’m purchasing a Duplex with a 203k FHA rehab loan (Property 275k). 1. The first unit needs repairs, nothing major (Estimate 27k). Second unit is occupie...
Lori Greene
The Multiple Choice Offers Strategy: Attract and Close More Deals
Maybe you’ve heard of the marketing tip where a salesperson should never ask a yes or no question.For instance, “Would you like to by it” is a Yes or No question and often ends with a No. But, “Which one do you like t...
Jon Cave
FHA loan not allowing window units (even though they are brand new)
So I bought my first flip in March and contractor was a nightmare. Got it all finished under budget after 4 months and got a buyer but the buyer is using an FHA loan. So, they required that I fix a few things then the...
John Boby
take title to replacement property
In my 1031 exchange I hold title to my relinquished property in my single member LLC but can I purchase my replacement property under my other single member LLC which has a different tax ID?
Anthony Crawford
IS A CLOSING ATTORNEY NECESSARY?
MOST TIMES A CLOSING ATTORNEY REPRESENTS THE LENDER....IN THE WORLD OF REI A LOT OF CASH DEALS ARE BEING CLOSED....IS A CLOSING ATTORNEY NEEDED ON A CASH DEAL? NEWBIE HERE JUST WANTING TO MAKE AS FEW ERRORS AS POSSIBL...
Aaron Mazzrillo
Twitter Link
I see on my profile that I can add my YouTube channel and Flickr link, but no Twitter. I find that kind of surprising. Having a YouTube channel is a lot of work and I imagine not many people on BP have one that is ver...
Andrew Melvil
Title company/RE attorney
Looking for a title company or RE attorney in Louisville that closes "subject to" deals. Thank you in advance.
Gordon Way
Corevest Financial and Delaware LLC
Hey BP-
I came across CoreVest through a referral. They have great rates for my portfolio and am happy with all the terms. However, the lender has said that I will need to create a Delaware LLC which will carry the n...
David Maldonado
Home purchase loan and Home style for ADU build
Hi everyone,I am planning on purchasing another home to househack and I would like to build an ADU ASAP after closing on the house. I've read that with the homestyle loan, an ADU can be built and the funds from the ho...
Byron W.
Down payment for Homestyle rehab loan house hack?
I'm about to close on my first deal on a 3 unit in Chicago FHA financing and am looking for lending options for my next deal. The Homestyle loan seems like a good choice as I'd like to find a deal, rehab the property ...