I'm an out of state investor living in Tacoma, WA. I own a property in Fayetteville, NC that I bought in January of 2021 and have never missed a payment on. When my PM visited the property this morning they found fore...
I have heard of many investors filing liens on property or on friend’s property in an attempt to fend off legal challenges that would arise from someone identifying this equity. I realize that entities can be used ...
Hello BP folks, anyone ever did business with (Dohardmoney) or (Private money goldmine), I think that is the name. I know they charge a fee and want you to join something. Never looked to far into it when you have to ...
I've got a landlording question -- I have a tenant that has a child requiring a service dog. The tenant has purchased a puppy and registered the dog as a Service Animal. I understand I am limited to two questions I ...
Looking at a low income apartment complex and I'm only a few steps away from sending an offer. Before I do so, I'd like to see what the BP community has to say. Do you have experience with low income properties? If so...
Hi, we're in the process of purchasing our first property, and we're in the negotiating stages of the deal. We've already requested that sellers repair the big ticket items as was indicated in the home inspection repo...
Hey BP,
This past year I bought 2 rental properties. I used conventional financing through banks. I put 20% down on these I purchased the fort one under my company name, which is a sole proprietorship. The bank gave m...
Hi,
Does anyone know how lenders factor in S-Corp loss for DTI ratio calculation? Do they take the loss, divide by 12, and add it to the debt portion of the ratio?
My apologies in advance if this has been asked befo...
Recently I was looking to expand my area of investing (my price range is $100-$150k in Pittsburgh and Richmond, which is on the lower end of spectrum but still has legitimate buying power). I have spoken with two real...
Hi friends,I could use some advice on what to pay this wholesaler that I’m considering a deal through. Usually when I deal with a wholesaler it’s for a one off deals. But for this particular deal (my first big scale u...