Catherine Becker
Escrow Process--Is no commuincation from Escrow common?
I am in escrow on a home with multiple liens that nearly went into foreclosure. I have been in escrow since March 2020 and cannot get escrow to give me a final pay off. A few months ago they said our offer was short a...
Benjamin Cowles
About to negotiate a seller finance potential deal. advice?
Going to meet up with seller to discuss potential deal with seller financing. something I've yet to do. I'm planning just to get a rough tentative idea of how we may come together the numbers for an initial proposal a...
Sean B.
transactional funding to use while the loan is not ready to close?
Hello,
In a little bit of a pinch, as we have had some setback on our 203k loan and the closing date is next week. The loan is about 30 days out and we've asked for multiple extensions already, and the selle...
Deven Singh
What to look for when purchasing multi family in a high market
When purchasing a multi family in a high priced real estate market what pitfalls should you look for?
Eric S.
What are your suggestion for investing $150k from equity?
Hi, I live in Toronto, Ontario (Canada) and have $150k in equity in able to access. I would like to start purchasing student rentals which would have a purchase price of around $400k. I'm not able to be approved for a...
John Joseph
In the DC Metro area and nothing on MLS cash flows
I'm on the Maryland side of the DC metro area and am finding in my analysis that not even the cheapest listings on the MLS are cash flowing. The properties I am targeting are all under $200k (which is rare in this are...
Caroline Davis
Experts Say the Housing Market isn't About to Crash
Just read this and thought I would share.
Record sales, high demand, soaring home prices, low rates; the real estate market hasn't been this hot since before the crash of 2008. The nostalgia has consumers and profes...
Pavel Sakurets
Angry landlords sent this to MN governor about eviction moratoriu
To Tim Waltz, MN governor
POSTED ON JULY 15, 2020 BY REALESTATEADMIN
7/13/20 you extended eviction moratorium. Are you out of your mind?
Perhaps you are thinking that this extension would help tenants that lost the...
Andreas W.
Looking for letter explaining to tenant consequences of eviction
This is a long shot: A few months ago I read a post from a BP member showing a letter sent to tenants at risk for eviction. In this letter all negative consequences for the non paying tenant are explained in an easy t...
Mike Lang
Risk advice, rezoning multifamily, Vancouver/Victoria BC area
Hey everyone,Hoping to get some advice on a risk/reward scenario in BC Canada.I have a property just outside of Vancouver and Victoria BC Canada. I am just completing the subdivision off of a parcel. In discussions wi...