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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $162,500
Cash invested: $75,000
I was offered this property directly before it went on the market from my ag...
Is the title always clean? Do I need a lawyer? Can I get a loan from the same institution or another bank?
I would like to start a small one now.
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Hi,About to submit an offer on a property with a conventional loan. Given the current COVID situation, is a 30 day loan contingency and closing still possible? My agent wants to write a shorter timeframe, but my mom...
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While out networking my partner and I started talking to an investor that is looking to get out of being a landlord. His properties were once really nice, but as he has aged he has been unable to keep up with the prop...
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I have a Section 8 tenant that has been a great tenant for 2 years.
Recently she's let the house go to crap and the final straw was a basement flood from her flushing tampons. It's caused what will be thousands in cl...
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Thanks for reading my first post.
We are in the process of rehabbing a 2-unit house that is over 100 years old. The tenant that most recently lived in the first floor apartment was a bona fide hoarder. He had a littl...
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ON 10/30 I made a full priced cash offer on a pre approved short sale. The listing agent has assured me that as of now mine is the only offer that has been submitted to the bank. She was confident that deal coul...
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Hi BP,My wife and I are going through a cash-out refi, and are having an appraiser come to our home within the next week. Please provide any DIY tips on how to receive the maximum value for our house. Your feedback is...
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Hello BP community,We recently bought our first home and investment - a multi-family property in Kearny, NJ, which came with tenants. They were planning on leaving end of May but are now leaving by end of April. Quite...
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Hi all,
so I recently purchased a duplex, and just two months later we have a disaster happening. the pipe leading the sewage water to the street collapsed, and now sewage water is flooding into my tenants basement. ...