Tanya S.
Seller Financing - VA Attorney/Title Co Recommendation
Hey BPers!I am currently in negotiation with a seller in Arlington on a seller financing deal, and it's looking likely we can come to an agreement that works for us both.Can anyone in the Northern Virginia (NoVA) area...
Dilcia Morales
DSCR Docs Requirement
Hello Fellow Investors,I am excited to be under contract for my first STR property, but I am getting nervous about the many things I'm already discovering. I am surprised that my lender is asking me to access Social S...
Spencer Herrick
Conventional Loan for Rental Property- Money Down- 20 vs 25% Down
I've spoke to several lenders at this point and it seems that most will give you 30 years terms but every lender I've spoken with (3 different ones) are all requiring 25% down vs 20% down. Has anyone else seen this? S...
Jack Srimani
Negotiating REOS
While purchasing a REO property if my inspection shows a lot of issues can I negotiate price with the bank. Also if I am in a situation where the inspection reveals multiple issues that requires major expenses to put ...
David Gutierrez
Buena Park ADU permit issues
Hello everyone
I purchased a property in Buena Park with two units. A 2 bdrm/1 bath and a 1/1 on a zoned Multifamily lot.
The second unit has its own USPS address, gas, electric meters but the city is unable to f...
Ed Perez
Cost to hire an architect to draw plans on assisted living?
Hello, we are planning on opening a residential assisted living (up to 8 beds) in Ohio. The Board of Building Standard Department informed us that we need to work with a design architect or engineer to draw the plans,...
Viral Mehta
Tenant wants to Airbnb - insurance issue
Hello,I have someone who wants to rent my 3/2 SFR property so that they can then Airbnb it. They will pay me higher than market rent for doing it. Clearly there are a lot of pros and cons of this. I have one specific ...
Rashad A.
Tenant occupied or standard home insurance
Hi,I am shopping for home insurance and was wondering whether I really need tenant occupied home insurance. It usually comes at higher cost than standard home insurance. Appreciate if you guys help me understand the c...
Account Closed
Buy and Hold Property 1 - 4 Unit Property / First Investment
Hello,I have recently decided that I want to purchase a 2 to 4 unit multi-family property either in and around the Madison, WI MSA or within a 30 minute drive from the City.This acquisition would be my first direct re...
John Jabson
Inflation?
This is such a basic question, but I don't quite understand the basics of it.
If my income increases by 3.5% per year (that's my current raise per year per our contract) and inflation has been between 3-5% pe...