With expiration, there is a maximum CAP for the area so new license applications would be subject to a wait list.

To make it work, ensure your HML allows second-position financing, negotiate favorable seller terms, and have backup exit strategies.

Before finalizing a decision to sell, I thought I’d get some thoughts from the BP forumThe only obvious factor I know to try to head off a problem is to carefully screen applicants.

I like that it’s an all-in-one platform for tenant applications, rent collection, and maintenance requests, which helps keep everything organized.

And in a severe duty application like renting to section 8, you probably have to do that every 30 years.In other words, your portfolio carries a $1,320,000 future liability ($60k x 22), which equals about 22 years of present-day cash flow.

Hello all! I am seeking recommendations for an app that can integrate with multiple platforms. Currently, we manage approximately 40 short- and mid-term rentals, in addition to a few long-term properties. Due to the n...

During the escrow/title process, you are finalizing loan documents, reviewing title documents (HOA disclosures if applicable, title reports, etc), obtaining homeowner's insurance, and preparing to wire your funds to title. 

Whatever I do, I would need to do with a HELOC—effectively financing 100% of the property (down payment and closing financed with HELOC, rest of purchase financed with a mortgage). 

I would like to learn more about seller financing, I see a lot of information on the internet about seller financing but honestly I am just confused.

@joel, FHA will finance non owner occ??