Michael Dee dalton
If a landowner passes away can the mortgage be passed along
We inherited a rental property me and my wife want to refinance for repairs and other properties. However her brother said we cant because the mortgage has to be paid off in full by the land owner. (There father) as ...
Travis Davis
Back out or contingency clause for wholesaling properties
I need a condensed contingency clause for wholesaling properties, I have one that's rather lengthy an need to shorten it . Thanks for any advice
Eric Fernandes
Finding Wholesalers & Off-Market - Calling #'s off Bandit Signs?
Hey everyone! Here's my situation - I typically work 90-110 hours per week, 21 days on/7 days off at my day job. I don't have much time for marketing and finding deals off-market for the majority of the month. Workin...
Santosh Prabakar
Interest only refi
I bought a fixer in Oct 2022 in leander TX and due to market conditions lm unable to sell it. I plan to make it a rental and would like to do a cash out refinance for $125k. What are the rates for interest only refi? ...
Mark Bondurant
Does lease with option to purchase run afoul of Dodd Frank?
I’m currently rehabbing a home in western N Carolina and had planned to lease the home with an option for the renter to purchase. Some in my local REIA advised against it citing Frank Dodd and the mess of foreclosing ...
Gunner Glenn
Foreclosure with medicaid lien
Hello,I'm looking into purchasing a foreclosure at auction(Alabama) that was foreclosed by the mortgage lender, however, this property also has a Medicaid Lien on it. Does anyone know if I would be liable for this lie...
Syeed Shah
Cross Collaterization for investment prowprty
Has anyone had any experience utilizing there primary residence as cross collateral for an investment property? Just trying to understand the pros and cons and what was the process like with the lending companies.
Sean Link
Part 1: Closing my first deal. What I would do differently. Inspection objection
I recently closed on my first deal and wanted to share some insights from the experience. When I submitted my offer and it was accepted, the property went under contract. This signified that the seller and I had enter...
Account Closed
Difficulty Finding Properties accepting VA Mortgages
Hello everyone. I’m new to real estate investing and I’m looking for some feedback regarding the use of a VA mortgage. Specifically I’m looking into multi-family properties. I’m already pre-approved and have been loo...
Jonathan Rabot
Unable to Lock Loan Rate
Hi BP Community,
1st time home buyer currently in escrow. 5 days ago lender suggested to lock rate at 5.99%, which we agreed to lock it in at that rate.
Received a notice today that rate was unable to be locked due...