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Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
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I have a condo in Washington DC and water damage from rain somehow leaked into my unit and damaged the floors. This was six months ago. The association fixed the problem causing the water to enter the building, but ...
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Hello everyone,
I am a new investor and am trying to set up my business entity before I dive into the game. I have talked with 2 attorneys and both have given me the opposite advice. One said to create a LLC (singl...
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Hey folks, I've been looking into Moncton, NB (Canadian living in the US). I haven't done business here before, any notable differences for dealing with here versus the US, things on my mind in no particular order:
1...
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What are you guys paying for insurances?I am looking at one insurance bill, just for one property and it's over $5000 a year. That one I have a mortgage on with a $980 monthly payment and my insurance for that proper...
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I sent in a quit claim deed to the county to transfer two properties from my LLC to my personal name so that I can refinance with conventional financing. The county took a month to send it back because they didn't lik...
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I recently filled out pre-approval application for a mortgage, however, the lender did a hard pull and told me they came back with no score. Credit karma gave me a score of 711, I know it is an estimate but I found it...
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BP podcast #185 with Bill Powers has stuck with me since listening to it years ago.Has anyone done this RTO business model he talks about (basically renting with $150/month applied toward purchase price)?Also, has any...
Hello, i'm about to purchase my second property in quebec, its a duplex, 130k. i won't be living in the property so i'll need to put 20% down, or 26k. i would rather not dip into my equities for this, does anyone know...
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Had our very first tenant apply--good credit, 7x the income, nice guy, but I want to deny him -- can I?
He has a very poor history of on-time payments after seeing his credit report (like 60%) -- but his score itse...