David Edwards
Ways around “due at sale” clause
Morning BP,To make a long story short I just spoke with my lender about acceptable transfers on my mortgage and they have determined that a deed transfer to an LLC is an “unacceptable transfer”.From your (the communit...
Joseph Crunkilton
Floating Home Short Term Rental
All,
Right now there's a fully furnished, remodeled floating home in my area for a modest price (300k). New floats, new deck, and turnkey. I've been interested in short term rentals for a while and this looks like a...
Jose Terrones
First Time Property Investor
Hello to All,I'm finally pulling the trigger and seeking my first investment property. I would love to get into Airbnb but as I search for properties in the Houston area particular inside the loop I'm running into roa...
Shai Knight-Winnig
New to BP from Columbus Ohio
Hi – I’m a newbie investor from Columbus, Ohio. I’m interested in single family and multi unit properties to rent out on Airbnb (and other short term rental sites).My background is that I’ve been a longtime reader of...
Andrew Earle
I found a vacant abandoned property.
I like the little house. Its 3 Br 1 BA ranch I found when ”driving for dollars.” Really I just noticed it on my way to my day job. It would make for a great rental or flip after rehabbed. It looks like the bank has id...
David Lovekamp
Hello! :) New to BP, looking to get started!
Greetings everyone! My name is David and I've been lurking around here for short time and wanted to finally get involved with this community. I am a typical 'Office Space' worker, I work in a cubicle for an insurance ...
Sandy Uhlmann
NP second that appears to have gone through a short sale?
I was surfing some of the note exchange sites and I came across a NP second that interested me because of its geography. It is a NP second with a UPB of around $33,000 rate of 11.6% with last pay date of 2009 that wa...
Keith W.
Does it make sense to refinance for 140k in order to get 40K?
To make a long story short, I approached my bank to cashout or line of credit to finance the start-up of my real estate business. It was discovered that there was a soft-second or silent mortgage on my home. This was ...
Donald Robers
Movies That Embody The Fears Of REI
1932 - THE OLD DARK HOUSE A little bright paint, some updated light fixtures...1959 - H...
Andy Camarda
Creative Rehab Financing
I'm part way through a rehab on a 2 flat that I am converting into a 3 flat. I ran into a lot more issues than expected and am going to be a bit short on cash to get this done. The plan was to do a simple BRRR, I'm ...