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Forum,I often see the phrase "buyer must verify permits". What is the significance of this? If a change was done and it wasn't permitted, does the buyer have to get it permitted? Or is it just a disclosure when you t...
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Hi All,
Does any one know of resources that provides information to verify loans and liens other than SITEX which is a paid subscription service.
Thanks you
Patrick
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Do you look for three times their net or gross income? I have someone I really like that is close but his child-support pushes him under the 3x rule.
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Hi everyone,I am in the process of purchasing a multimillion dollar apartment complex with the assistance of accounting and legal professionals to review the financials and the property. I received an offer for 100% f...
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My family and I are currently renting a lovely home.
When I came home Thursday I noticed an envelope on our kitchen table with bold letters stating IMPORTANT INFORMATION ENCLOSED. This envelope had a hole in it at th...
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Hello all, I am new to real estate investing. I have done most of my research and I have a contract on a property. Everything looks good. However, I do not know how to actually verify the property's income. The seller...
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BP Nation,
When I read posts on local REIA or Meetup boards I see whole sellers requesting proof of funds. How do you verify POF is actually from the potential buyer?
Are there sources of POF one shoul...
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I am looking for a property to whole sale to a investor friend partner. Let me preface this by saying we / he are looking for owner finance deals only right now. So I found a realtor that specializes in owner finance ...
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Hi- Whats the best way you have found to verify employment/salary? I did a mock background check (via smartmove) and it didn't pull up my current employer of 4 years.So I expect this might happen with a potential ten...
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Hello BP world. When verifying the income do you want the APOD or Profit and Loss statement?