Amy Yarnall
Refi, putting equity in SDIRA, buying real estate & FAFSA
We own a rental with $100k in equity. It is worth $220 and provides $400 per month cash flow income after mortgage, expenses, etc.We are also preparing to pay for college costs starting in 2020. If we were to refinan...
Bennet Sebastian
How to sort through foreclosure auction list?
Hi BP Community,I've recently started getting serious about buying SFRs at the county courthouse auctions. I've spent hours reading a lot of the related posts here on BP which was very helpful. I've got a list of abou...
Rehaan Khan
Need to remove previous owner from foreclosed property tomorrow!
I bought a property at a foreclosure auction and have recorded the new deed on my name. I am familiar with the legal process on how to evict someone from your property but I plan to go to the property tomorrow and spe...
Phillip Johns
Multi family conundrum trying to draw an investor
Ok, so I have come across an issue that is most likely not unique but something that I am not sure what to do. There is multifamily unit for sales in a smaller town fairly close to me that has really good potential. C...
Bienes Raices
Insurance Strategy for these deals, am I on the right track
I went with the realtor to view the two houses I posted about in another thread.
Both houses have a half finished garage conversion which should probably be converted back to a garage, also one of the houses has a me...
Spencer Gray
Judge: CDC Eviction Moratorium is Unconstitutional
The CDC's moratorium on evictions, instituted by the Trump administration after the CARES Act expired in July, has been ruled unconstitutional. The decision will most likely been appealed but there is a chance the rul...
Steven Scheer
College Rental Leases
Howdy, good people. In the next few months, I will be purchasing a duplex to rent to college students. I was wondering if the people of BP that rent to college students either charge a predetermined rent (say, $1,000 ...
Mark Kelley
Tenant Incentives for Referrals
I've been fortunate to have great tenants. When they finally give notice, I often offer them an incentive of 25% off last month's rent ($300-$500 hundred dollars) if they refer a potential tenant who passes screening ...
Caleb Christopher
What's the BRRRR loan called (one bank agrees to initial + refi)
I started searching for all-in-one loan, but that's a HELOC strategy and not what I'm talking about.BRRRR: Is there a name for the type of loan where you get the rehab loan, then refinance upon appraisal? Or is this j...
Ryan Tagliamonte
First Question on LLC Formation
Hi all! Posting for my first time on this platform and I'm excited to hear from/interact with whomever may read and respond. I'm writing because I feel I'm at a bit of an impasse as to what exactly to do when attempti...