I'm under contract to sell my property. Buyer is employed overseas and using VA loan with 0 down. Buyer provided pre-approval from an reputed lender. My concern is regarding the employer who is not US based. Will this...
Hi all! I just started my house hacking journey with the purchase of my first property - 4 bed/2 bath. I am going to be living in one of the bedrooms and renting out the others. Excited but nerve wrecking at the same ...
Has anyone had any experience with a "pari passu loan"? The term means "equal footing" or some such. This came up in a situation where two people might be lending to one borrower, and they want to be in equal positi...
New to being a landlord, and already forked out $20k for foundation repair on this rental house. Now the post test reveals I have pvc sewer line leaks under the concrete foundation. plumber has found multiple breaks i...
Hello BP, I have a deal for a 125k. Multifamily 5 unit building. Well kept property. Below market price. I have investors but not sure on how to structure the deal. Would like advice on how to "CYA" all that are invol...
I am a few weeks from finishing a rental. A family called about another house that was already spoken for and asked if I any other properties. They came over yesterday to look at the house while I was painting and wa...
Hey Ontario, I was wondering as a real estate investor and an architectural designer -How often do you get permits for repairs and changes?-When you do get them what type of work do you commonly get them for?I’m looki...
Pro's...
We are buying what maybe our 3rd double out of state, but I can't make owner financing work for me?? The owners are "motivated" and asking $59k for one/gross rents $900. 2nd double asking $79k gross ...
I’ve decided to become a private money lender for a fix and flip investor. I’ve done my best to research the process but wanted to get additional guidance. I’d like to loan around $25k to start, but I’m undecided on l...
What are some of the common mistakes people make when purchasing their first small multifamily apartments? What do you wish you had done differently?