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Results (4848)
James Nix Tenant wants to part of rent late without Late Fee
7 August 2019 | 31 replies

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) 
This is the text message: 
Hey Jimmy,...

Susan Bearry HUD--Inspection revealed major issues undisclosed in PUD
12 February 2017 | 3 replies

(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...

Ewan Tong Seller's agent says I can't have a buyer's agent! Is it true?
5 October 2016 | 5 replies

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...

Luiz Souza Wells Fargo new Rule on POF letter
26 February 2011 | 5 replies

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...

Kyle Meyers Tenant Screening Exceptions
29 July 2011 | 3 replies

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...

Account Closed Dodd Frank
17 February 2014 | 48 replies

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...

Chad Miles Recently Divorced Applicant
14 October 2015 | 4 replies

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...

Alex S. Second home or an investment property?
16 August 2021 | 6 replies

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...

Michael Shoniker Due diligence
24 July 2016 | 4 replies

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 ...

Ryan Sullivan Glue Hardwood Refinish VS Laminate
16 October 2020 | 3 replies

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...