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Results (2926)
Jeremy D. Highest and best tactic
25 November 2013 | 16 replies

I'm making an offer on a foreclosure listed for $26k. There are 5 offers on the property including mine. My agent suggested that I offer $26k, but put in a clause that i'm willing to go $1k over the next highest ...

Marci Stein ? about buying home with tenants
18 May 2013 | 14 replies

good deal upstate NY-2 bedrm house for $22,000. Taxes $5000 yr.
Realtor states tenants pay $1000 month,not sec 8, not includ. utilies.
can i rely on this info? what if turns out to be untrue and rent includes heat ...

Senad Salihovic Is this normal Or am I getting ripped off?
5 October 2015 | 9 replies

I just got home from the bank, went to sign papers and go over everything before closing. detail.single family rental  - buying for 40k with 20% down - conventional loan 30yr fixedbuyer agreed to pay 3% in closing = $...

Julianne Croegaert First last and deposit
22 July 2019 | 15 replies

First, last and deposit - is this asking too much at once?

Dale Miller When comparing loan estimates.........
21 June 2020 | 3 replies

When comparing loan estimates what are the most important things to consider in order to know which deal is the best now and the best in 5 years?APR? Interest Rate? Origination Fee?I've been getting mortgage loan esti...

Bob P. Rent credits on Rent to Own Properties
12 November 2012 | 4 replies

It is my understanding that FHA will only allow rent credits above market rents. We have companies offering 50-100% rent credits how can that be done legitimately?

Deanna S. What is the reserve requirement for a nonrecourse loan?
14 January 2017 | 9 replies

Hello BP experts.  We are negotiating an offer for a property (a duplex) and will be using a nonrecourse loan for the financing.  Does anyone know what the IRS requirements or guidelines are for required reserves when...

Marty Summers Is paying cash for single family rentals a bad idea?
20 October 2018 | 7 replies

I am in a unique situation where we can purchase SFR with cash. I am trying to build a big stream of passive income. The strategy has been working directly with owners and found a good wholesaler so that we can buy ...

Jenn A. Terminating lease with one tenant and not the other
24 January 2019 | 4 replies

We have two tenants on a month to month lease in our rental property. One pays rent on time and the other is consistently late with payments and non responsive to emails, texts and doesn't return phone calls. Last mon...

Luke Carl It's Time For A Book Keeper
22 March 2019 | 4 replies

Hello! It's time for a book keeper. We have 3 sides to the business. Sales, Short Term Rentals and Long Term Rentals. Any advice on how to find a book keeper and what questions to ask and what to look out for? Thanks!!