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Commercial Loan Rate.. Is this considered a Good Deal?
Hello BP,Can you advise me is this considered a good deal to refinance my rental property? I'm currently on a 12 month Hardmoney rehab loan looking to refinance out of the high interest rate. I was offered below:Aroun...
James Morrissey
Property Management Company & Standard Lease Suggestion
Any suggestions on a standard lease to use? Or, in particular, one for the state of Ohio? Also, any advice on a nation wide (or Cincinnati, OH based) property management company?
Noam Birnbaum
How do you screen Section 8 tenants?
Hey folks,I'm starting to make my rental units available for Section 8 tenants.Based on the research I've done, it seems that a standard credit check might not always be appropriate; after all, many Section 8 tenants ...
Mostafa Khalifa
Virtual Wholesaling in the USA
Hey Everyone ,
Am new to real estate wholesaling and i want to start in Nashville TN and am based in Egypt and I want to wholesale virtually in the US . I want to know what do i need to make it legal for me to operat...
Vincent Dang
Who pay Lender's Attorney Fee?
Hi,I'm in the process of closing a deal as a buyer. Part of the closing cost, the lender includes their legal fee which I believe is absurd because their attorney does not represent us and we never agreed to any of t...
Phil Christie
First Pop Top - Help!
Looking for a little advice...My partners and I are new. We've been on our REI journey for a couple years now and have done one flip successfully. We just bought a property that ARV merits a pop top. When we purch...
Tess Tari
Tenant Application - Eviction on record
First of all, let me say that everyone here has been my rock since we started this whole process! I appreciate all of the helpful comments!!!I was having issues getting applications on my rental. We have had quite a...
Kevin Wood
Pre-Approval Letters... Houston but general to all
Hi,We've made offers on four multi-family properties now. Financing is not an issue. What has become an issue is that each seller is requesting a pre-approval letter. This is frustrating because we often will offer on...
Alexander Sheridan
Tricky Borrowing Situation (plenty of equity & good credit score)
Hi All! Here are a few facts about my situation. Hoping some of you could help guide me in the right direction.I'm in central Ohio, in a county of ~65k. I'm self employed, so my DTI doesn't show well.I own 7 rentals (...
Kylene Heykants
Offer Accepted - Due diligence under way on SFH with two separate dwellings
Hi BP community,
I recently got an accepted offer on a SFH in Alberta, Canada that has two separately metered legal suites. I'm currently performing due diligence with the property and need some advice. The property...