Trent Zimmer
Sub To or Wrap Opportunity w/ an existing FHA mortgage?
16 March 2024 | 10 replies
He has a 5.5% rate, which is assumable, but FHA guidelines would require owner occ.
Noe Vasquez
Found vacant properties, Need help!!
14 March 2024 | 3 replies
That a tricky question, you may need to use a skip tracing company. but it becomes trickier when the trustee is a company. if the trustee is an individual it may be easier to find
Matt Salem
First post here!
14 March 2024 | 6 replies
You being here at BP is a wonderful sign that you want to do it right and try to connect with experienced individuals in the market.
Harry Brooklyn
Include or exclude Cap rate and DSCR in NOI?
15 March 2024 | 9 replies
That said, each individual lender will vary slightly in HOW they underwrite expenses for your DSCR, so it's very important to ask each potential lender about their process.
Laura NA
Is it me or is my realtor right?
18 March 2024 | 24 replies
What's required of you from a business perspective is to assess the cost of correcting the problems versus the cash that the building will bring in.
Sondra Willis
Short-term Rental Insurance
15 March 2024 | 9 replies
That might be difficult to do, especially in FL where most carriers are requiring a 4 point inspection.
Account Closed
Money gift from family abroad
15 March 2024 | 3 replies
IRS guidelines would require you to seek out a tax professional but i believe you are taxed on gifts above $14k.
Ellie Narie
Debt replacement in a 1031 exchange with two joint owners, but only one on the loan?
15 March 2024 | 2 replies
@Ellie Narie, There is no specific requirement to carry the same debt.
Mary Winter
HELP: How to Evict These Tenants
15 March 2024 | 17 replies
Your PM can send her a notice of default with whatever cure period is required in your state.
Benjamin Carver
Different Ways to House Hack
14 March 2024 | 7 replies
House hacking is a fantastic strategy for individuals looking to start building wealth through real estate while minimizing their living expenses.