Marcus Wright
Obtaining Unsecured Loans
For 2023, I’m thinking over a few ways to add more assets to my growing portfolio. Ran across the thought of obtaining an unsecured loan to help assist in my growth. The lenders mentioned the loan would be in my perso...
Amber Forkey
Credit Checks on HUD Tenants in NY
Hi All! Looking to open a discussion on the legality of running credit checks on section 8/DSS tenants.Question: If the government program is not paying 100% of the rent, are we able to pull a credit report? Example: ...
AP Horvath
Reversing a Supposed Prescriptive Easement?
We own an unimproved lot within the city limits that we are in the midst of entitling for commercial (office-warehouse). The issue is that there is a water line about 21 feet into the property, too close to our propos...
Michael Baradell
Mobile Home park fill-in (New vs Old)
Hey BP!We are purchasing a mobile home park in a community of about 16,000 people. There are several smaller towns along the outskirts that have a few thousand people in each. The closest large metro are is about 2 ho...
Valerie DeFreitas
House Hacking 101
Hello BP Fam, I am closing on my Co property currently. I have plans to rent 2 of the 4BR to traveling nurses. However, I was not in the BP community and did not know ANY of this golden knowledge when I bought my CO h...
Antoinette Wright
Newbie Needing Advice
Hello Everyone!
I have been wanting to get into real estate investing for over a year now. I have done all the research and I am ready to get my feet wet. I have come across a duplex that 79K. 100% occupied with 1400...
Dan Weber
Heating Systems in Maine
Hi All,
I thank everyone in advance for their feedback. I own a three family in Portland, Maine. Just as a forward, I have read through the other forums on this topic (specific to Maine) and would still appreciate s...
Christian Aillon
Refinish enclosed rear porch? Do I need permits for this?
Hey all,First post here. I own a 2 flat (3 units)with basement unit on the west side of Chicago. It's a greystone in decent shape. I live on the top floor and rent the bottom 2 units. There is an enclosed rear por...
Account Closed
Would really appreciate if you shared any insights and experience
I recently own approximately 1.5 acres of commercial real estate zoned R-3 moderate density multi family in Green Bay WI.I talked to a developer who estimates site fully developed could fit approximately 3 buildings o...
Rajul Vora
DSCR loan, how do lenders estimate income for Rent-by-Room on Mid-term rental (SFR)
Considering buying a single-family unit for mid-term rental to traveling nurses, etc. Each room will be rented separately.How will lenders determine net income for calculating DSCR (ratio)? An LTR estimate will be muc...