HI BPI am in contract with a 4 Plex in Oakland CA. We are about to close and just got notice from the appraiser that the current rents are projected to be $4,400. Apparently the FHA loan has a self-sufficient guidel...
I did a quick search but couldn't find this posted in the forums (only on a few blog posts) - looks like HUD is floating a proposal to eliminate seller financing unless you become licensed as a mortgage originator. He...
I am in the process of working with GroundFloor to finance the rehab of my rental property. I am curious to know if anyone else has worked with them and what was the experience. Thanks!
Hey everyone,My partners and I are currently considering filing an appeal to the Michigan Tax Tribunal to review our property taxes. We met with the local tax board a couple months ago and they were unwilling to budg...
I have a question here. I'm wanting to know how much it would cost to re-paint old kitchen cabinets? I believe they have a clear coat on them that requires stripping down. I got a quote for $1450 but believe that is w...
Hi! Currently about to close on a multi unit at 228K. Profits will be at around $100K. Would like some feedback/opinions on what strategy to go with next and pros and cons of 1031 exchange.PROS:we won't be paying th...
Are you buying at trustee sales? I'd like to hear your story. I'm sure a number of other BP folk would too.
I'm hearing that this where the deals are, but I'm unfamiliar with them. How are you funding your trustee s...
I have several turn-key properties that are cash flowing and I'd like to liquidate them soon, but am having difficulty trying to market them to buyers. I have a website and use some social media, but are there other o...
This is a rant about the nightmare that is getting a conventional mortgage at Chase and I'm not sure if this is the right place to do it but I want this to be a warning to any other investor that may be looking to use...