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Hey BP! I'm seeking a low money down loan for my first STR investment in NY state, and wanted to stress test some assumptions I have about the type of loan I'm eligible for. Here's my situation:
- Rookie investor sea...
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A tenant in one of my units moved in his girlfriend without notifying me or my manager as the lease states. Then he had a restraining order because of domestic violence back in February. His girlfriend stayed in the a...
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Perhaps some of you read my thread from several months ago about our "nightmare property" which was actually our primary residence for years. If you are curious, you can search for Nightmare property.I don't really wa...
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what is an exclusive rights contract and when should exclusive rights contract be signed between myself and my agent? would it be at the beginning of my search or at closing, does it matter? if the agent were to make...
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Hi,A tenant that lives in the house adjacent to one that I own has 9 dogs. City ordinance says they can only have 4, I contacted the city and they are supposed to be removing them on the 4th. Have any of you dealt wit...
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The couple claims to be married and the wife says she's been a SAHM for
10 years but a quick internet search shows them having seperate
addresses 2 years ago. I'm concerned that if the kids are hers, they're
re...
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Hey BP community -I want to throw a question out there for those in the 100+ unit multifamily space, specifically investors, sponsors/syndicators or anyone who looks at a lot of deals. Do you have a target MOIC (multi...
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I'm interested in owner financing multiple homes. I live in Phila. Pa. Is there a limit to the amount of homes I can sell in a year? Are there any loan servicing companies that may be suitable for this situation? Do l...
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Can anyone help me develop a plan for creatively financing a condo I’m looking to buy in SLC? The seller has lived it in since 2020, so presumably has a low interest rate. They want to lease back the condo after sale...
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Hi, I'm a 25 year old new to the investment game. I recently acquired my first investment property(a 3 bedroom condo) and I’m in the process of finding a tenant. With that being said, what are some things I can curren...