Tracey Williams
Proof of deposit to lenders
Hi everyone,
I approached a bank few months ago and they insist on 20% down payment for the purchase of a rehab that I was planing to buy & hold. At the time I only had 10%.
The house is back on the market at a ...
Jay Audi
Rentals Under LLCs?
Hey everyone, I am just starting out in the real estate investment world: I have a primarily residence that I rent out 1 bedroom of and I am looking to purchase a Duplex in soon. The deal I am looking at right now is ...
Ali Boolani
pre-foreclosure leads
Ive started this project where Im helping people stay in their homes, rentals or personal (if you have any questions about that feel free to contact me) as well as help them with their adjustable rate mortgages. I was...
Scott L.
Newbie First Duplex, repair?
So I'm closing in on my first deal and have a few questions. By closing in, I mean I close in a month.It's a duplex that could use some TLC, one tenant has lived there for 10 yrs, not leaving and her side has not been...
Marcus Squires
Pre-forclosure timing
Hello BP I have quick question.When the notice to preforclosure is given how much time does the property have until forclosure?
Andre' Arceneaux
LLC for out of state rental(s) or no?
I have been researching a lot on the subject for at least a year now and the subject seems more split than I anticipated (the presumption was "yes"). I understand everyone's motives and objectives are different, even ...
Harry M.
Lease renewal question
Hey Folks - quick question for you.
We recently purchased a duplex, already with tenants.
The leases are up soon. My question is about how to handle the renewals:
1) Create a new lease.
2) Create an addendum to the ...
Josephine Breign
Is this multifamily house hack a good deal?
Hi BP!
Newbie here trying to analyze a deal. It seems like what constitutes a good investment ranges widely depending on where the property is and what your goals are. I have a good friend who bought a fourplex mult...
Andrew Goduco
HELOC loan from family member - CPA Welcome
Hi BP,I’ve been looking into creative ways of raising private capital and through my research one possible option I landed on was to have a family member (my Mom) take out a HELOC on her primary residence (she has ~ 9...
Kevin Wyn
Tenant added above ground pool
Hello everyone. I have a good tenant that I do not want to kick out that recently put in an above ground pool without my prior consent. I found this out today when I showed up to take care of some maintenance items.Th...