I'm tring to get financing however everyone is shutting me down. I've called wells fargo, hsbc, citi, ect and I keep getting the same answer. They will not finance a 2 family property to a LLC; only commercial. They w...
I am looking at a property that is a legal 2-unit apartment with an illegal basement in Chicago. I ran the numbers and it looks like a good deal, even without including the income from the basement (~$500/mo positive ...
Current situation: 23 years old. Military, 4 more years of secure income. Gross income est. 30k a year. Net income est. 21k a year. No liabilities (no car payment, living in dorms, etc.), No assets. Credit score mid 7...
Greetings all!
I have recently been pretty interested in real estate investing, found BP podcast, and here I am! I'm very excited join this community and learn from so many experienced and motivated people.
About me...
I know that lease-options or rent-to-own in Texas are basically illegal (or at least strictly prohibited), but people are still advertising properties for sale on lease-option and rent-to-own in San Antonio. So I have...
I have an opportunity to purchase a model townhome from a builder in one of the better neighborhoods in Charlotte, NC. The builder would then lease back the model home to use as their office/model for the duration of ...
A four unit quad-plex, built in early 1900, renovated/updated over the years. Each is 2BR/1BA, about 850sq ft each. Utilities are separately metered, owner pays for water/sewage/trash. Monthly rent per unit is $525. A...
Hello. I’m closing on my first MFH next week and any help on writing an introductory letter to my new inherited tenants would be appreciated. One has lived there 3 years, one 6 years and one 20. The fourth is new. Ren...
I am creating seller financed notes in Texas. I am interested in selling partial notes to private investors. I'm struggling to find an attorney that specializes in preparing them and also a note servicing company that...
Hey, BP!Hope all is well. I'm fairly new to BP & I've been doing due diligence on how to do simultaneous closings. I've been reading through your posts & looking at your recommendations.Here in FL there are a ...