Dave Zouski
Investment fund or syndication
Ok I am a relativity new investor, we have done a few successful flips and a few BRRRR's. I have some family that has noticed and have inquired about giving us private money to use for investments. Its actually severa...
William C.
Bankruptcy and rent to income ratio
A tenant that applied just filed Chapter 13 Bankruptcy several months ago and has a 600 credit score. His gross income is 4.6 times rent, but he has some after tax deductions (including bankruptcy payments he just...
Erin A.
LLC debt counts towards personal DTI ratio?!
Hey BP,I am sole managing member of my LLC, which currently owns a property that was financed by a private lender (friend of family). I need to sell this property for less than what I owe, so it would be a short sale....
Ashley Ketvongsa
Subto Newbie looking for answers on an impending foreclosure
I’m a real estate agent and have been approached by a neighbor who is in the very last stage of foreclosure (within the month). We are meeting with them tomorrow to discuss and view their home. At this point we couldn...
Abhilash Joseph
crowd funding?
Anyone on bp got involved with crowd funding types of RE investing? I am considering one, so interested to know your thoughts. The person at the other end of the phone call seemed like a thorough gentleman and the num...
Howard Jow
What should we do one year later?
My wife and I started out paying double mortgage payments in our current primary after she finished college in 2016. We were maybe 2.5 years away from being debt free. Then, we refinanced, pulled out cash, and used ...
Altin Velaj
laws off short sale
i have a client that im about to do a short sale.she has several properties and a couple off restaurants. If i do a short sale for her will the bank go after her for the remainder off the balance? 2) does she have to...
Anass M.
Turning Primary residence into an LLC
Hello BP,
I am a homeowner/investor here in Denver, CO. My partner and I bought a duplex last year using an FHA loan and are currently renting out the other unit as well as a room in our unit. We would like to pus...
Zac Boelkow
Help with tenant screening
We recently listed a duplex for rent in Milwaukee, WI. We received three applications. After calling the references and verifying income, etc. we narrowed it down to one possibility that looked good. We informed this ...
Anthony Barbato
Bay Area 4-plex analysis
Hello Oakland Investors,I am interested in buying a fourplex as my first investment property here in the Bay Area. When analyzing deals that have recently sold in the area, the property at 719 35th St in Oakland stood...