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I'm looking at buying my first rental property that was specifically intended for rent (as opposed to my current rental which happened on accident after the crash).I just want to bounce my thoughts off of BP as a soun...
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Was looking at a small lot for sale by owner. The owner wanted to have a contract sent over through email for me to sign. After signing the real estate contract he wanted me to scan the document and email it back. How...
I never intended to become a landlord. Bought house new for 300K in 2006 at the height of the real estate boom. Refinanced in 2012 on a 20 year loan at 4% through HARP. House now worth 240K. I now owe about 160K o...
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Hello there BP land!
I purchased an adorable 1920s two bedroom home I am planning on buy/hold in for a while. When I walked the building inspector through he assured me the frame was strong and there was no knob and ...
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Is it common place for private lenders to allow for DIY renovations by the borrower? Or do they typically require contractors to do everything like most banks do?
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In many states wholesaling has come under legal scrutiny. This is based on two different areas of attack; some states take the position that wholesaling is brokering without a real estate license; the other area of a...
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Good Morning BP!I'm about to begin a project in Ormond Beach, FL, and the house will not pass muster for a normal homeowners policy at the moment. I'm told by an insurance agent that I need a "Builders Risk" policy t...
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This is what they say they do and how the do it. I would like to get into apartment complex ownership, but I have never done this before, I have only done SFH. They basically say they handle everything from locating t...
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Is there any course of action for a tenant who repeatedly texts purposefully disrespectful things about how much they hate the rental and constantly tells you how much they regret renting it? It's gotten to the point ...
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I am looking at purchasing two 3-unit townhouses as a package deal. Each townhouse is $90,000 each, for a total of $180,000. I am going to get a separate mortgage note for each property.
I talked to a bank the other...