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I have been reading Wheel Barrow Profits by Jake and Gino, they talk about doing non refundable move in fees instead of getting security deposits. I'm thinking personally I wouldn't like it or I would just not care wh...
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Hello,Newbie investor just purchased my second rental home.What I am doing is buying bank owned homes that need work (cash only sales). I use a HELOC to purchase the property and do all the repairs.I am fixing them up...
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Hi, I'm refinancing my home and have drafted a buy-out with my ex- through a promissory note with a payment plan with interest. His legal documents have come back request to get a mortgagee's title insurance. My lawye...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $105,000
Cash invested: $44,757
My First BRRRR investment property in which I'm currently in the refinance portion....
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Ive noticed a lot of posts that say listing agents on REO's and Short Sales wont take your offer serious if you havent even seen the house, even if you send them listing price, no contigency, and 20% EMD. But I hear ...
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Hello BP,I have read articles and listened to podcast but there's one thing that crossed my mind. Is it possible to refinance a property with 20-30% equity and pull out 70% cash based off the ARV of the property? Is t...
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Hi,I was wondering about my 'next step' in investing and this is my situation: currently military and moving to Groton, CT for 6-12 months for training. I have been pre-approved for up to $300,000 to purchase a multi...
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I have a question regarding probate vs lis pendens. The property goes to the judicial sale (homeowner deceased, left balance on the mortgage) but looks like there is a probate involved as well (probate was recorded a...
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Hi there, I'm being put as the manager for my parent's rental property for a various array of reasons. I've always suggested that they needed to have inspections, as these tenants are doing their best to shred this pr...
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I know a lot of people write on here about transferring title to an LLC after closing. I'm curious - is everyone paying the transfer tax when they do this? It's particularly onerous in Pennsylvania, which charges a tr...