I have a condo that is mortgaged through AmeriHome Mortgage as of two months ago. I purchased full dwelling coverage for this unit through a large reputable insurance company. Last month, I received a letter from Ame...
Hello everyone,We are new to private lending and am planning to help a relative finance their home purchase in Texas. Both lender and borrower are residents of California, and I have a few questions to make sure we ha...
Hello everyone,
So I just had my 1st offer accepted, now the seller wants to know how much is the loan you are seeking from their lending institution? Documents to be provided: Loan approval. Prove of funds to close...
It occurred to me recently that there may be an untapped real estate market in the Bay Area, namely, senior homeowners on a limited income who also have a significant secured debt problem, such as mortgages, lines of ...
I purchased my first home a little over a year ago in San Diego, CA. I am currently paying well over the mortgage but I have become increasingly interested in purchasing a second home as an investment property. My que...
Hello everyone, I am new to the forum and new to REI. There is an abandoned property that I am considering wholesaling, I was able to locate the owners out of state and long story short they have a reverse mortgage on...
Let's go over some examples and show me where you think the buyer is harmed:My opinion/perspective: The buyer has really been paying for the buyer agent commission all along. Because Sellers care about their net proce...
Hello All, I have a situation that seems to have presented itself that should be mutually beneficial to both my parents and I. My mother had retired years ago and moved into a smaller house. My brother, his girl...
Hi,
I am looking to purchase a piece of commercial property with an apartment upstairs. The selling price has dropped to a 1/4 of original price. I believe it is a good deal and the owner is anxious to sell. Currentl...
Hi all,Thank you for taking the time to read this post. I'm a systems engineer and my specialty is security. I've been working in this business for about 7yrs.I just started reading and learning about RE and I'd like ...