Sam Singh
Need advice on potential tenant situation
I have a potential tenant who is interested in my rental property... It is a guy that suffered an accident, but received a large settlement. At the same time, there was a window where he was unable to work and his cre...
Anthony Simmons
Is it good business to have multiple agents/broker in one area?
Good Afternoon BP Family,
I am a newer investor and have an ethics question for you all - is it good business practice to have more than one agent in each market I am investing in? Or is that bad business? I ask beca...
Josh Michael
Students cannot pay first month Covid (Ontario, Canada)
I have 4 students set to move in to my property May 1st fulfilling the signed lease with deposit. They have just indicated they cannot pay for may. My fear is that my tenants continue to not pay as the crisis is prolo...
Jazmine S.
Can you tell if these houses are block or siding?
Unable to edit title, but meant to ask if they are block/cement or wood.My lender wants to know if my house differs from the rest in the area.My property: (looks to be possibly wood siding??)Others in the neighborhood...
Femi Ibrahim
Seller wants Cash, but I can only get conventional financing
Hello Biggerpocket Entrepreneurs,Thanks for always responding to my messages and giving guidance. I really appreciate.I have a little bit of a challenge. I was able to get a motivated seller deal, but the seller is ba...
Nolan O.
What will I need to provide to get a term sheet?
I’m looking to buy a mobile home park and have started approaching a couple brokers to get info about properties. One asked for a pre-approval, likely to gauge whether I’m a serious buyer. My thought is that a term sh...
Joshua Gordon
How does hard money lending work?
I am looking at buying my first house (possible rental, but most likely for my private residence). How does hard money lending work? Is it possible to buy multiple properties through the same lender? Can I have ...
Santhi Mani
Deal falls through due to events just prior to closing- what next
Let us say inspection went through well but two days before the closing there is a roof damage due to heavy rains and corresponding leak inside the living room.Question:01. If seller unable to fix the new repairs prio...
Derek Lamonde
What is the process for working with Wholesalers?
How do you establish a relationship with a wholesaler? I recently responded to a post on here from a wholesaler requesting information on properties in NJ that meet my criteria. In response I got a request for POFs an...
Benjamin L.
cons of multiple pre-approval letters
I'm looking at a few different markets for my first investment property and was wondering if there were any negatives to getting a pre-approval letter from a local bank for a loan now if i decide to go with another ma...