BP Community: If an investor is on a short-term, high interest rate loan that helped to acquire and rehab a property, what happens if a recession hits before the property is seasoned and refinanced?
Hey everyone,
I have a question about what happens if I intend to sell my very first home within 6 months. The thought was to use the low downpayment offered for home buyers, buy a rehab , fix and sell.
I know th...
Hello all,I am looking to put financing on a rental property I own outright through my LLC. I am told I will need to move the property into my name to do this. I would like to move the property back into my LLC afte...
I notice several members here use account aggregators like Mint. I'd like to begin doing the same, but my concern is that many banks don't support 'screen-scraping', and they warn customers not to give softwares acces...
All:Has anyone in SC ever successfully gotten property taxes reduced on a large portfolio of properties (other than the standard 25% ATI exemption) based on the fact they were buying a "business" instead of a collecti...
I am trying to find renters for a duplex in Orlando FL and having a hard time finding someone who meets criteria of a credit score >660 and income 3X rent ($45k/yr). Do you accept roomates who (together) meet the i...
We moved to the Dallas/Fort Worth (DFW) area last year (2016). Texas seemed like a nice compromise between Syracuse (wife - upstate NY) and Calgary (me - Canada) and we’ve never looked back. It’s astounding what a yea...
I was going to get some new countertops from Home Depot but noticed they have the built in backsplashes which won't work on the side with the sink and they don't sell the backsplashless ones. I'm trying to keep costs...
Hi guys!I thought I would tell y'all step by step what I am going through on a fairly consistent basis, to potentially get your input. So, I've think I have found the niche I want to go into as far as wholesaling is c...
I am in an extremely tough market in California and the realtor that
is sending me deals is a family friend who is hard to approach. I am analysing deals and none of them make sense. No cashflow. no discounts, but t...