Tristan S.
Strategy to get the best mortgage rate possible in Houston
Hello everybody,I am about to get my very first mortgage here in Houston, TX. What is the best strategy to get the lowest interest rate possible? I should be getting a classic 20% down for 30 years.I feel like going f...
Christopher Buford
Experiencing Communication Issues with RPM Indy in Indianapolis – Seeking Advice!
Hello, BiggerPockets community,
I own a property in Indianapolis and have been using Real Property Management Indianapolis (RPM Indy) for property management. My experience has been frustrating, particularly with the...
Steve K
Short Sale Pocket Listings
I’m guessing we’ve all been victims of non arms length short sale pocket listings several times. Yesterday I bid $50k over asking with no response from the listing agent. Same story, different day.
I'm going to hav...
Michael A.
Can Renting A Property Violate Mortgage Terms?
Greetings,
In general is it possible for a loan's terms to state that its subject property may not be rented or leased, and that doing so warrants new loan terms including a new interest rate? Appreciate any anecdote...
Collin Van der Veen
Exploring Negotiation Tactics as Buyers Regain Some Leverage
In July, US home prices declined by 0.1% month-over-month, representing the first drop in the Zillow Home Value Index since 2012. The upshot? Real Estate buyers in many markets have regained negotiating leverage.After...
Rob Na
Unwarrantable Property?
So here I am thinking I found a pretty good deal on a REO condo that I can rehab and sell under market without many issues.
Turns out, after talking to my mortgage broker, that the property is not on Fannie Mae's lis...
Kathleen McCabe
Question for Agents - Disclosing Offers
I'm an avid listener to the podcast and swear I've heard Brandon say that seller's agents ARE allowed to disclose the amount of the highest and best offer. I guess back in the 80s there was a law against this, but it ...
Carlos O.
Where to form LLC?
I am planning to see a lawyer within the next week or so. I am definitely planning to create an LLC. However, my issue is that I still haven't settled down on a target market.For those that have experience with LLCs:1...
Shefali Rai
HOA Lien + HOA has leased property to a tenant
I bought a property in NJ via a foreclosure auction. Prior to my foreclosure acquisition, the status was as follows: a) There was a prior HOA lien on the property for outstanding dues. The HOA had taken possession of...
Michael Slayton
Started an LLC with a partner, 30 year loan options.
A friend and I have formed an LLC, and finally found a duplex. We have spoken to a bank, who offered a 20 year ARM. We then spoke to a broker who suggested we do a conventional loan in one of our names, and then chan...