Tim Aiken
Working toward improving my knowledge of Real Estate
29 January 2024 | 5 replies
New to BP and looking forward to learning much more about making money in Real Estate, I have 1 house in Royal Oak no cash flow this is a family house that I maintain for a impaired brother, I am 50% owner at his passing I will be splitting the house with 2 other brothers, they will receive 25% each I the remaining, currently I live in Mount Holly NC with a house with good appreciation, Now I am interested in looking for a rental.
Pablo Avila
Follow these simple steps to get your first wholesale deal! (Advise)
28 January 2024 | 5 replies
Call the list OR Text BlastIn Detail:1) - Buy a data list (Can be any of the following)- High Equity Absentee Owners- Potential Absentees (Some individuals may not have changed their mailing address)- 20 Year Owner Occupants- Potential Vacant List- Age 55+ 6.- Vacant Houses- Empty Nesters- Tax Delinquent- Code Violations & Others (Probates, Pre-Foreclosures, water shut-off etc.)2) - Skip trace the list (you can use any providers)Here's some reputable ones that I've used:Batchskiptracing or "dataskip"If you're dealing with probate or if the primary owner is passed onSkipgenie (For manual individual skiptrace, these will also show the relatives of the person ).3) - Call the list - Pick up the phone and dial those numbers.You can use Calltools or Readymode (Whatever youre preference is)Cold calling is too hard for you?
David Ten
High DTI Home Equity Access
29 January 2024 | 10 replies
That would be your best bet. since its an owner occupied property you will have issues getting a private lender
Justin Ward
str loophole for long term rental income
29 January 2024 | 12 replies
David OrrTax Modern - Tax prep/advising for rental real estate owners
Alex Shernit
STR Management Nashville
28 January 2024 | 4 replies
The Nashville market has become stricter like many other US markets on allowing Non Owner Occupied STRs to specific zoning.
Holly Polf
Newbie STR owner
26 January 2024 | 7 replies
Hi all! I am about to purchase my first STR in Villano beach/St Augustine Florida area.I am hoping to self manage but need referrals for good cleaners and handymen in the area. Anyone from the area that is willing to...
Ian Martin
Lender who will do a HELOC on investment property in Mass?
28 January 2024 | 26 replies
These were largely sourced pre-CV19, so eat the fish and spit out the bones.The DTI percentage range varies by lender, and is less than what you will find for an owner occupied property, due to lender risk.
John Marlin
How to convince seller to owner finance duplex?
26 January 2024 | 6 replies
How might owner financing potentially reduce his tax liability?
Prince Martinez
Confusion on adding units to MR2/multi family residential
28 January 2024 | 4 replies
In New York, there is a pretty high bar that a property owner has to meet before a variance can be granted.
Logan Turner
Can I personally purchase a house from my LLC
28 January 2024 | 40 replies
Seems most lenders I have spoken with have no idea about lending outside of traditional owner occupied residential