Ray Thorsen
What do I do if my old tenants don't close on there house.
I have a tenant who is buying a house and moving out of mine......I hope. They were supposed to close 3 weeks ago and are due to move out April 10. I have a tenant ready to move in may 1. If they issued notice and ar...
Bienes Raices
"Due on Sale" clause and interest rates?
I know that the consensus is that "due on sale" is almost never triggered in the real world.
However if someone locked in at a historically low interest rate today and then deeded the property to an LLC (or some oth...
Shane H.
Can u help me put this deal 2gether? $2mil partial owner finance
Appreciate the help and advice as this topic moves along. A little long however figure the more info you know the better tailored your advice can be.What I've got so far. I met with a local gentleman who started inv...
Sarah Torres
Newbie from Miami, Florida
Hello Bigger Pockets Community!!!My name is Sarah Torres, I'm extremely new to this and VERY EXCITED TO MEET ALL OF YOU!!!!! No. Just kidding. But I am pretty excited.... If you couldn't already tell.. :)I live in Mi...
Giavonn R.
?What would you do???
I have 2 properties in California both under a trust:1. A 3bd/2ba rental home with a 10-year interest only loan about to adjust to LIBOR in 2016. Renter has been with us for over 18 years.2. A free and clear 40 acr...
D.Y. Lee
New investor member from Allen, Texas
Hello BP!My name is D.Y. Lee from North Dallas (Allen), Texas. I am an architect (my full time job) and have been practicing architecture designing retail, multifamily, residential and healthcare for 15 plus years. Re...
Aaron Moayed
Can't Place Conventional Loan Title in LLC?
My mom's mortgage broker told her this: "A conventional loan, Fannie, Freddie, or VA, FHA do not allow title into a LLC. Commercial loans (5 + units apartment buildings) allow it but not for residential. Or ...
Joshua Brazle
How to purchase first rental in Houston, Tx
We recently spoke with a banker who explained how to get a conventional loan to purchase a rental. We are wondering what other way can we get into our first door? All advice is good advice!
Account Closed
Confused about securing funding
Here's my question: If I am investing in a rental property with good numbers (based on math from reading posts about being a landlord using the 50% rule, ect), what is the difference between securing a good property ...
Brittany L.
What would you offer on this note?
Hello all!
I am looking at my first note purchase and am not sure how to determine a reasonable offer. Here are the details I have on the note:
$29,900 Sales Price of property when note originated
$ 1,500 Down Payme...