Stacey Lauren
House hacking question
I’m looking at a property with a 1 bedroom single family home and a two family on the same deed, owner occupied as my foray into investing. The current tenants are paying low rent but have leases until July. The rent ...
Richard Updegrove
Starting live in then rent
I live in the Denver area and I'm getting pretty serious about purchasing investment properties. My current home has been refinanced to a conventional 15 year loan. I'm thinking about refinancing again to a 30 year ...
Pat Noyes
Primary residence home equity use
I am looking at one of two options.
1) get a HELOC on my primary residence and use it for a 20-25% down payment on a multi family. OR
2) sell our home and use the proceeds for a) 3.5% FHA or 5% conventional down pay...
Joseph McGranaghan
i don't know what I don't know
This is a return to BP for me. I set up a profile about a tear a go and never really went on since. Yea, one of those people! Long story short, real estate has been a passion of mine for nearly two decades now, starti...
Laura Richards
Is there any such thing as a seller rejection letter?
I have a strong suspicion that a sellers agent has lied about submitting my clients offer to her client due to the fact that my client was not represented by a agent and wouldn't agree to let this agent represent clie...
Richard Moro
Deal on a 4 Unit in merrillville Indiana (NWI)
Hi guys,I am looking at a deal in Merrillville IN, a 4 unit next to other multifamily properties. This is a quote from the broker, " He wants 250,00 for it. Has income of $2775.00 per month and expenses are trash bill...
Richard F.
70% ARV Assumption --> Not with Transfer/Recordation Tax (MD)!?
Hello All,My computer processor has been completely exhausted trying to help me determine whether my conclusion is valid in regards to investing in Maryland (Montgomery, Prince George's, Anne Arundel, Baltimore Counti...
Gabriel Miller
Can owner financing be combined with bank financing
A number of books talk about using owner financing when buying apartment buildings. Is this something that actually happens very frequently? It seems like most owners would want the cash. I can imagine some being ...
Richard Wu
Insurance for contractors
For a restaurant buildout in your own property, what type of insurance do you need from contractors that will protect you? What if some contractors did work without the proper insurance, how to protect from future law...
Yusuf Wilson
Help with a deal structure . . .
Hi,I have an opportunity to JV a deal in Philadelphia and wanted to see if you could provide any insight. It's a 6 BR/2BA 1,878 sq ft 3-story row house in Philly. I've been presented with an opportunity to JV this dea...