Timothy Edwards
Using those Federal Disaster Relief funds
So, what are people using the loan funds for? I own a rental and it is vacant. To get rents up, it needs numerous projects completed. I haven't found anything that says the loan funds may be utilized in this fashion....
Josh Coup
Plumbing disaster in Kansas City area
The plumber that fixed our plumbing disaster (around the base of a toilet) recommended I reach out to a carpenter to check for wood-rot. The water damage is within the walls and likely the subfloor. Do I look for a ca...
Greg D.
1st Time Homebuyer Disaster.... Please Help
Hey everyone, I posted a week or so ago about trying to get out of a contract to purchase. The sellers are unwilling unless I provide a mortgage denial letter.I met with a mortgage guy on 12/10. I was approved by the ...
Shannon Webb
Potential disaster I need to avoid...
Hi guys!So, I am new to this Wholesaling game and while practicing my due diligence, I have run across a potential disaster. I live in the state of Georgia. I have a deal that i have been working on and have taken tim...
Dennis Nikolaev
Disasters on Refinancing "R" of BRRR
The glitch of REFI seams to be the most common problem in multifamily BRRR.
Imagine obtaining hard money and then not being able to pull out the equity from a repositioned project! Or grossly overestimating the After...
Dethorn Graham
From wholesale, to birddog, to disaster
It's a new year and what a way to start my year as well as my real estate investing journey. I had been in contact with this seller for some months now. My original plan was to sell the property but we could not meet ...
Jacob Beg
Chimney disaster or a rip off?
Full disclosure! I never had to repair a chimney before and my knowledge in this regard is quite limited. I have purchase a property where the seller disclosed " Chimney Flu Sleeve is Cracked". I looked it up online a...
Michael Chalke
EIDL uses after a natural disaster
I received an EIDL loan during the pandemic. I also had a major flood due to the hurricane last month in one of my properties. Anyone know if I can use some of those funds for repairs? It seems a gray area. It was an ...
Francois G.
Sept. Rent Collection - Disaster or Successful?
Hey BP,As we're almost midway through September, I'm curious to see how landlords across the country are dealing with rent collections this month so far.It's a difficult time for landlords with the eviction moratorium...
Kalimah Jenkins
Double Closing Disaster Cobb County, Georiga
Just thought I'd post and tell about a double closing gone wrong. Not sure how this situation could have been avoided. But, this does give another perspective. I contracted with the wholesaler to purchase a propert...