Hoa Nguyen
How to avoid DUE ON SALE when seeking owner financing?
Hey everyone! Quick questions that I am hoping someone with experience in owner financing can answer. I am seeking owner financing on a single-family deal near me. The seller is up for it, but the mortgage does have a...
Val J.
Should newly added Tenants Pay additional Deposits?
Happy New Year! I need help with something I'm about to do present to my current tenant. I have done my research and have learned that the tenant has unauthorized people living in the property. I plan to meet with ...
John Campbell
LLC vs Umbrella Insurance vs Other Options
New to renting, looking for advice.
Single family home valued around $1.1m. Roughly $510k owed. Converting it to a rental projected to rent @ $4500 monthly. Currently monthly is $2800 monthly on a 2.65%. Property Man...
Daria B.
Due On Sale - Estate Planning
In my estate planning I, like many, am looking at the "due on sale" clause (if) within the 2 mortgages for my rentals.I've yet to find these terms or similar definition within the mortgage documents and am still rerea...
Henry Le
Buy and hold without a credit score?
Hello BP community,Is it possible to obtain conventional financing from banks without a credit score? I heard of manual underwriting, but from my research, you have to jump through hoops and most banks don't offer it...
Alissa Rodman
Need advice. Sign 5 month lease or go month to month
Hello, fellow BPers.I am new to BP and new to real estate investing. I am 44 years old and have never bought a home before. My plan is to buy-and-hold to be able to retire at a decent age. My lease at my apartment en...
John T.
Owner Financing - Is interest a good idea?
Hello BP Community!I'm considering offering owner financing on one of my properties. Property is worth 135K and is free and clear. I want to offer a 5 year note on it to a potential buyer. I've already spoken with ...
Karyn T.
Tenant asking about rental increase.
Almost 2 years ago, we rented out our personal SFH. The tenants are professionals, who had hit upon hard times during the recession and their credit had taken a severe hit. They also had 3 large dogs (we have 2). B...
Hector Espinosa
Seller Financing Advantages and Disadvantages
Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing te...
Jason Vaughn
New investor with questions on a deal. Am I missing something?
Sorry from all Caps but #'s from seller. INCOMEUNITS YEARLY RENTS 15 units @ 7185 mo 86,220VA...