Hi BP Community,I am looking to partner with people on Long term Buy & Holds (1-4 units at the moment) and I'm finding myself in a bit of a dilemma as I'm trying systematize this process. I realize that for me to ...
I am purchasing a property in nyc, and the tenants are on a month to month basis. Is this good or bad?
This really the first time that I ran into this before but we have a great house that we did in 2012 that is showing terribly to prospective tenants as the current tenants are filthy and seem to love clutter.We normal...
I am hoping to start a relationship with a mortgage professional and not sure whether its best to just work direct with a loan officer at my local bank or to go through a mortgage broker. What have been some of your e...
Hello All,
My first wholesale deal is not going as expected. I've asked the homeowners to go down on our original price of $93K to $85K because I have a buyer. This amount is actually the payoff amount and no...
Hi everyone,
I'm currently accepting applications for my first rental property and I received an inquiry from a military applicant. I was wondering if anyone has experience with the process of renting to the militar...
Hey BPer’s So I’m curious what a private lender deal looks like from the lenders end? If I was to lend 50k to an investor that’s buying distressed properties and flipping them and cherry picking the best deals for his...
Good morning, BiggerPockets Family.I recently submitted a Residental Purchase Agreement (RPA) with a pre-qual letter from my credit union and FICO scores. The selling agent asked for a Desktop Underwrite (DU), but my ...
Hello BP,My 45 day selection period was disrupted by hurricane Irma. Furthermore, the property I was getting ready to close on last week may fail re-inspection in which case I may have to move forward with another pr...
Can someone explain what an estoppel is and when and how does it get used? I've read about it in a few responses. It seems as if it's a legal document that helps to validate information about existing tenants? When ...