Sergio Ortega
Advice on possible lease option
Ok ladies and gentlemen
Here's my question. I need help structuring a deal I have come across regarding possible lease option.
It's a buddies house he wants out of to move up north with his family around June
1) 3/...
Ryan Skinner
can you buy commercial property with no personal guarantee?
i want to buy a commercial duplex and put down 20%, do i have to put up my personal house as collateral or as a personal guarantee to get the mortgage?
Patricia Bustamante
Sellers lawyer won’t answer
My parents agreed to put a 5% deposit on an apartment in the same condo complex we live in 5 days after the inspection report was issued for said property. However, the inspection report shows items that need fixing i...
Keith R Henry
Buying an REO with Conventional Loan
So I would like to buy an REO foreclosure and have a convential loan. The house must be liveable to qualify for the loan. It will at least need finish floors and kitchen appliances. The only way I can think of to make...
Kavin Kuykendall
Small Multifamily on Septic
Hey BP,
We are looking at house hacking a large triplex in Panama City Fl that is currently on septic. Here are the details:
~4600SqFt
7 bed/ 6 bath
Built in 1957
The tank is raised and requires a lift station wh...
Fahadbin Alam
How does a foreclosure work?
1. What is a foreclosure in general? IS that when you buy the property and you take on the mortgage? Meaning would you take on the Lein?2. What's the difference between foreclosure and Pre-foreclosure?3. As a rental i...
Zane Zelei
Contractor did extra repairs
Hello all first created post,
I had my PM company contact me and say they needed two windows replaced for around $1300 a month ago. I just received a bill for around $3900 for the replacement of 5 windows. I was neve...
Crystal Swenson
condo association requirements
Hello! I'm investing out of state and running into a requirement across multiple property inquiries (mainly condos) that wants the owner to live in the property two years before renting. Since I'm out of state, I don'...
Peter Ricca
Two tenants one wants to pay a year in full, what do I do?
Hi BP Landlords!I own a SFH rental property. Two female friends applied together, a Nursing Student and a Grocery Store Manager. Student has pretty good credit (650), Grocery Gal has no credit history and is building ...
Sergio Rios
Buying a new house and renting my current one - but...HOW?
This post is kind of half asking for advice and half giving you my master plan and seeing if my plan sucks.buying a new house and plan on renting my current car be out. My mortgage is $933 and rentometer.com says the ...