Samuel S.
Property Tax Lien Strategy
Hey BP Folks,So I am looking to get into the tax lien arena, and was wondering how this strategy would play out:Say I purchase a property tax lien at an auction, and the current owner ends up "defaulting" on the lien,...
Anthony David Quinn
FHA 203K Loans
Hi BP. New investor here.
I currently own a primary residence with about 170K in equity. I’m looking at purchasing a new property as a primary residence, renting out my current home and with a view to renting out th...
Account Closed
Looking for suggestions
I have a client/investor that is building his own apartment complex. Its 20 units and located in Colorado. He has about $750K in the deal plus a bank construction loan of about $1.6M.He is 50% preleased and is running...
Jason Houde
LLC and rent checks
Hello everyone! Happy New Year to All!!
This is probably a simple question, but I opened and LLC and have just bought my first rental property. My question is regarding rent checks. Do I have the tenants make the che...
Jared Chipkin
Credit Score Killing me!
What a lovely Thursday morning...I am under contract on a house in Littleton.Co. Hooray! The only problem is that my credit isn't perfect. My credit scores are 705, 715 and 780. Since the lender goes with the middle...
Ream Kidane
First Time Investor in Rochester
Hi All,This is my first post in this forum. After reading endlessly on the process, I recently realized that I will need to actually purchase a property at some point (go figure). My plan is to find a 2-4 unit multif...
Amit Parekh
HELOC loans on rentals
I have two rental properties and a primary residence. I have enough equity on two rentals. I called Thirdfederal Savings& loan for HELOC. They said I can get HELOC loan on primary residence only. I cannot get it o...
Reza Karami
Rochester NY - Worth buying distressed properties?
Hey all! I'm fairly new to real estate and have quickly found that the great Canadian north is a difficult place to get started in with the high properties prices. I've been looking at the closest cities south of the ...
Robert Brock
Looking to Tap into the St. Petersburg/Tampa, FL Market
Hi BP,Right now my wife and I are Real Estate investors in Illinois. We are now considering relocating to the St. Petersburg/Tampa, FL area and invest there as well. Does anyone have any advice or suggestions for ge...
Bernadeau C.
HELOC on an investment property?
I am looking to secure a HELOC soon and i am planning on doing this on an investment property. i have heard that this is nearly impossible to do as banks will not do a HELOC on an investment property. has anyone been ...