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Hello BP community! I have an interesting deal about to close and I need your advice. The original contract expired but I have a buyer for the home. Both the seller and buyer have verbally agreed a price and my 1k ...
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I just purchased a 4 unit house "hack" that is fully occupied. According to the terms of the FHA loan I need to occupy the property within 60 days. Unfortunately, none of the current tenant's leases are ending and t...
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Hi. This forum provided some excellent advice when I got started. Here I am almost a year later, made it this far :)
I purchased a large home with view, big lot, near transit center, put down $105k of my own money ...
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Hey BP,I could use some advice. Two months ago I hired a property management company to rent out my house. I still don't have a tenant and the management company has not been very responsive to my emails. Do just tell...
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I recently mailed out 10 hand written letters to expired listings. To my suprise I got a 50% call back rate. A few people where upside down and the only solutions that they had was to either hold or short sale. The ...
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Sooooooo I just had the most interesting thing happen today. I received a list of homes off the MLS from a realtor that I am working with. Although I am a beginner investor with little to no experience, my knowledge o...
Hello BP Community,I recently sold a property using a mortgage assumption. The assumption process with Carrington mortgage was delayed and as a result the closing took place after the expiration of the payoff order. T...
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I live in a ridiculously competitive market (6k agents in my one town) and want to start a program to target FSBO's. Now, my approach is going to be that I don't want their listing because I know they can sell it. I w...
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Hi all. I want to buy a triplex in my area. Please help! I want to occupy one of the units so I can get an owner-occupied loan and only have to put down 3.5%. However, the seller's agent expressed 'All tenants...
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Hello BP,I thought I had my first investment deal ready to close. We are past the inspection period, waiting on loan approval. But today I find out the seller renewed the tenant on one side of the duplex at 950/month ...