I am currently purchasing a property that has a Freddie Mac loan assumption available with 4.82% rate, 9 years remaining and 30 years amortization. The income and LTV can cover another 2nd loan as well. I am wondering...
Gov. Cuomo is trying to outlaw income discrimination for housing. The bill he is introducing in NY will disallow any discrimination based on a resident's source of income (i.e. Section 8, non-wage income sources). Thi...
Hey all. Wanted to run a deal by the BP community and get some thoughts. The deal looks great on paper, but with all this craziness in the world and a possible impending major recession, I don't want to jump in to s...
Dear all,New investor seeking advice here. Signed a contract with an original closing date 11/8/19, a few days before closing seller said title company found out there was a restriction that the seller needs to remove...
Does anyone know of a hard money lender that will do 100%? I am actually looking to do a no money down flip. I dont have the large amount of capital to invest. This would be my 1st deal. I see on all the hard money si...
Good Afternoon All. I was wondering if anyone can shed light on the most efficient method of proving accredited investor status, from an investors perspective. I know that some of the crowdfunding sites are using 3r...
Okay, my knowledge is broad with a few holes. I've been trying to knock down my first wholesale deal for about a year, even teamed up with a major company seeking out deals, knocking on doors, NOD's, and on my own, us...
Hi! We hired a company to rent our place only for leasing and we will manage once it is rented. They are not disclosing information needed to approve the tenant. For example they are just saying the credit score is ab...
I just back from showing a rental in a nice, older part of Tulsa. The lady that saw the property is older, does not come off as the brightest individual, mainly because I think her ex husband handled most matters for...
I own 2 multifamily properties in Chicago. I am looking to file an appeal to reduce my property taxes. I was wondering if anyone went through this? Is hiring an appeal expert better? The paperwork seem straightfor...