This will be based on the purchase price instead of performance, so be prepared to come to the table with a decent sized down payment.

That's familiar territory to me and something I expect completely (and I've read the posts about things like how to use the cable box/tv/etc at midnight horror stories) and am prepared to handle those.

Any breach will result in immediate eviction.Otherwise, I hope you have a new tenant lined up, or you're prepared to deal with the revenue loss from a vacancy and possible PR issues if his business is especially popular in the community.Good luck!

can anyone help me with some of the basic requirements i must meet to qualify for  a portfolio loan. i really wanna be as prepared as i can be when i go in bank. what i mostly would like to know is if i need to have at least 2 years work history to qualify. i do have 2 properties under my name right now and I'm looking to add more as fast as i can but i just haven't been on my current job long enough. any feed back is greatly appreciated. thank you

I live in albany and currently preparing approved for fha loan.

You want to figure $620 for title search, $1,000 for document preparation and recording fees $1,000 for title insurance maybe and 4% of the purchase price for State and City taxes. 

My opinion is if you are still underwater in 2018 then you need to either be prepared to be under for many years to come potentially or cut your losses.

Hello BP Community,I am preparing to rent out my first duplex.

The perfect person would be able to not only prepare the tax returns, but offer guidance and advice throughout the year.

With private money and bad credit, the investor should be prepared for very strict terms.