Elionay Imbert
Who is excited for BPCON2024!
30 September 2024 | 24 replies
Note that it is only open to Pro Members until the end of April.
Oladosu Segun
Measures to minimize section 8 tenants from messing up the rented property .
20 September 2024 | 2 replies
And once you've got an approved applicant, then you present them with your lease, which needs to be comprehensive in its protection for you and of your property (mine is 24 pages and counting as I encounter new issues, and it contains fines for certain violations) - check your state laws.
Abhishek Agarwal
Advice Needed: Seller's Counter Offer Raises Concerns - LTV, Inspection Timing.
6 October 2024 | 2 replies
The seller has countered with the following conditions:- Loan to value (LTV): 80%- Earnest money held by seller's recommended property management company- Final inspection within 1 day of closing- Commission paid by to buyer's agent is 2% of final sales price.I'm seeking advice on how to proceed, as I have some concerns:- Why would the seller request an 80% LTV?
John Underwood
Hurricane Storm damage in SC
2 October 2024 | 13 replies
The videos of how extensive the damage is heart breaking.
Adriana V Alvarado
House Hacking Bay Area (3.5% down, owner occupied)
23 September 2024 | 8 replies
I am debating between house hacking in the Bay Area for my first property or buying my first property out of state with the help of a property management company.
Bob Foglia
Meth Positive!!! Recommendations???
1 October 2024 | 8 replies
You definitely want to do lots of learning.
Johnny McKeon
How do you feel about a ...??
7 October 2024 | 0 replies
How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions thank you everybody for your help!!
Maria T.
Preferred Equity Experience
26 September 2024 | 11 replies
You need to balance the desires of the preferred equity with those of the common equity.
Ellen Cheng
Tax deductions for mileage when managing property for parents?
24 September 2024 | 3 replies
I am taking care of the properties for them (repairs, getting tenants, etc.).
Kent Ford
How Are High Interest Rates Impacting Texas Homebuyers Today?
16 October 2024 | 0 replies
Are buyers leaning toward creative financing, or are there other trends you’ve noticed shaping the market?