In Febuary 2014 I will be attending a 3 day class to learn how to flip houses using Armando Montelongo's system. Does anyone have any experience with this system?
It's important to read what it covers and what it DOESN'T cover:
The person has to prove they can’t pay the full amount because of loss of work RELATING TO COVID-19
The person has to make every attempt to pay rent...
So, my tenant's neighbor called me today and told me that my tenant got a pit bull. He think he’s had the pit for 2-3 weeks now. My lease does not allow for a Pit Bull and I clearly stated to my tenant when they ...
Hi,
I was wondering if it was a good idea to lend money from a HELOC on your primary residence?
My thinking is if I own my primary residence free and clear, I take out a HELOC and use it to invest in le...
I've just purchased my first property in cash, with the goal of doing a BRRRR strategy. However, I haven't borrowed any money for the property, so I'm not obligated to pay anyone back (other than myself), and I'm wond...
I have only done SF in B neighborhoods until now. I am looking at a 10 unit in a C- neighborhood. The price is great. The numbers the current owner is giving me are good enough to leave some margin for error, and ther...
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Hey BP People,I am currently screening tenant applications for a vacant rental property of mine and I came across an interesting situation. The applicants are a Hispanic family with 3 young kids; Mother is a housewife...
Me and my wife ar gearing up to buy first rental property, looking to buy in July/August and based in Minneapolis, MN.Any cons to using the 203k Loan? Is there a typical time/length of project?Familiar with FHA loan b...
Over the past couple of years we have focused mostly on flipping houses in Arizona. But starting this year, 2017, we are now starting to pick up rental properties that we are turning into lease options. So far we ha...