I’m possibly buying a house where the one owner might stay on as a tenant one of the units. I want to offer first right of refusal on a lease, but I also want to make sure that they would not be able to establish resi...
Hello, I'm not new to being a landlord but I'm new to private lenders. I recently have been working with a private lender on an off market duplex estate in a B+ area that a lawyer brought to me. It has been a long b...
Hello,
My friend is looking to buy property and I told him I'd ask for him. How difficult is it to re-finance at the end of a hard money loan(interest only, 6 months)? He might be paying 34 to 50% cash, the rest a lo...
Hello BiggerPockets, I needed to just let this out and ask for an advise. I am a first home buyer. I am under Due Dilligence currently on a renovated townhome. My realtor suggested I should offer 10k on top of apprai...
I am currently a small time landlord. I have 2 properties for rent. Both 2 bed 1 bath. 900 sq. ft. . They are both newly remodeled, not top shelf but fairly nice. I had a bad tenant and now I am really desperate for g...
Hello BP Community,If any experienced private money lenders are reading this please give your opinion on this matter. I recently got into contact with a private lender (or so he says) by the name of Ludwig William and...
In a predicament. foreclosed loft sold for 130k in 2004, now an REO. bank wants 80k.
Taxes: 260+/mo.
Dues: 230+/mo.
All in all fixed cost to own the unit: $622
Will rent for $800 easily. $178/mo cash flow or $2136/y...
Hello,
I bought a multi-unit property in August 2012. The ex-owner of the property signed a 5 year leasing contract with Coinmach for washer & dryer which I'm not aware. The contract will end in 2015. I don't wa...
Hi BP,
I've had a short sale under contract pending bank approval for 8 months now only to get an email from the sellers agent this morning saying that the seller is frustrated with the wait and just wants to walk aw...
They have a deal on salt water hot tub.
According to the sales person, I don't need to handle PH level, adding chlorine or even changing water due to sodium level they maintain. (Just need to clean filter every mont...