Hi everyone, was wondering what would you do in this situation renting to a tenant in one of your units. Rent is $755 & she has never paid rent late. (4 months of payments)
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Hey Jimmy,...
(Sorry for typo--PCR, not PUD.)I am completely inexperienced in purchasing HUD homes, never even bid on one before now. The questions below concern a HUD-owned manufactured home in the Austin, TX area.What inspection...
Hi BPers! I am an investor in Massachusetts. I ran into an open house very accidentally and I was so fond of that house that I signed an offer right on spot! Now, the seller and her agent have accepted my offer. And I...
Just received a message from a WF negotiator saying they no longer accept 3rd party POF letter. They need to see bank statement to show the required POF.
How are you handling this if using flash funding? Are HMLs wil...
Do you have certain exceptions you will make to your tenant screening if the tenant agrees to a higher deposit or a higher rent? For example if you require a 600 credit score and someone has a 580, would you deny them...
I've seen multiple debates surrounding Dodd Frank and am feeling very lost. Some passionately feel investors should back away, while others feel there are still creative solutions for desperate home owners. Looki...
I am a new investor and I am house hacking and looking to rent out the second unit in my duplex. After laying out my requirements for renting (acceptable credit, income 3x monthly rent, good references, etc), the pros...
I see a big difference in the mortgage rate in my state for Second home (3.25%) vs Investment property (4.25%) loan products. While I own a primary residence, I want to purchase another downtown condo (not that far fr...
I've signed paperwork to purchase a duplex, and now in due diligence. Other than requesting financial info and having an inspection completed, any advice on other steps to take to for due diligence?
Also, can anyone ...
Hi BP,
I'm currently prepping my house to be sold within the next month. It has one major issue, the upstairs original hardwood was covered with carpet and a ton of glue. Almost every single floor refinishing contrac...