Jacob Koshy
Is it okay to replace Financing choice on a short sale.
I have an accepted offer for a bank short sale in the SW suburbs of Chicago. When I initially made the offer I put in the financing conditions based on my pre approval. Which is with a 25% down payment. While I was wa...
Orlando Watts
Looking for an all star team
I'm fairly new to real estate investing so Im hoping that some of the more seasoned investors could give me advice or even good referrals to help build my team. I would like to build a Quadplex in Delaware in the ver...
Christopher Lane
Military benefits for investing?
Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...
Mitch Genser
Accounting and Bed Bugs
I am getting some mixed messages about how to deal with the accounting for bed bug remediation in an apartment building my company owns. Normal, regular and modest 'pest management' is clearly part and parcel of '...
Christopher Oliva
Does having a property in an LLC make it hard to leverage equity?
I own 2 investment properties in Texas (1 STR, 1 LTR). The STR is paid off, the LTR is financed and I don't have a ton of equity in it - maybe about $60-80k. My plan for this year is to leverage the equity in in my ST...
Isabel Owen
HVAC effects on appraised value
We are attempting to determine if it is worth it to buy/install HVAC prior to appraisal. How much have you seen HVAC impact appraised value? We are definitely going to get one, it is just a matter of managing cash out...
Account Closed
Obtain Financing for Auctions
At a local property auction, I noticed many people were paying with Cashier's Checks. Were these individuals using their own cash to pay for the Cashier's Checks, or were they funded through loans for their Cashier's ...
Elizabeth Rose
Philadelphia rowhome stucco water intrusion - possible negligence by city
I recently bought a 100-year-old rowhome in Philadelphia as part of an estate sale. My original goal was to fix and rent. It's detached - the city knocked down the home on one side in 2018 and a private individual kno...
Tim Vecchioni
Developing relationships with HML before 1st purchase?
So I am finding my first problem. The fear of finding a deal and not being able to finance it. A lot of deals require a EMD. No problem. However, if you get that deal and put the EMD in, now it's on you to find the r...
Kelly R.
Your Thoughts on Pre 1978 Properties and Lead Paint
I wanted to get your thoughts, idea's and strategies involving investment properties built prior to 1978. The lead based paint laws are tightening in Maryland... Do you avoid pre 1978 properties for long term buy, ho...