
29 February 2020 | 2 replies
If some tenants want to stay and one wants to leave, verify the remaining tenants can meet your requirements (income) to pay the rent.

29 February 2020 | 2 replies
The amount remaining on the mortgage is $80K.

3 March 2020 | 13 replies
In the event that the house would be sold, the bank would expect the full remaining loan due.

1 March 2020 | 2 replies
I would then review the cost break down, explaining how closing fees worked (commission fee, transfer fee, title fee, loan, lien and tax payoff etc)Then I would list the property in the MLS with the normal procuring fee of 3.5% (flat fee $2,870 and keep the rest of the flat fee (with my broker of course), the remaining $6,970.I don't feel this is unethical (in concept) for several reasons. 1.)

5 March 2020 | 28 replies
Now you’re left with a hot, uneven mess.The dropped ceiling option with acoustic tiles remains.

4 October 2020 | 5 replies
How realistic is 100% occupancy for the remaining 9 months?

29 March 2020 | 13 replies
Nevertheless - thanks to you - BP remains one of the few places where if someone presents misinformation on these topics (QRP, EQRP, UBIT, UDFI, etc.), they can get still get honest and fact-based responses.

21 May 2021 | 20 replies
Meaning, if I want to buy a $100k rental, wouldn't I have to either put 20k down on a rental and get a new loan for the remaining 80k?

2 March 2020 | 7 replies
I am hoping some note investors might be able to share some insight as to how they might value a performing note and what they would offer to acquire it.Stats: $650,000 - Property Value$458,000 - Property Purchase Price$418,235 - Original Loan Balance$391,941 - Unpaid Loan Balance376 months - Term remaining (420 months starting term - note has never been delinquent or in default)4.042% - Interest Rate$1,862.88 - monthly paymentAny advice on how to look at the deal would be great as I am primarily a multifamily investor and not as familiar regarding the nuances of note investing.
2 March 2020 | 5 replies
A good rule of thumb is to set aside 50% for those expenses, then pay your principal and interest from the remaining 50%.