Lydia B.
Refinancing an SFR...need input
I'm in the process of refinancing a SFR. The new loan company told me yesterday that they would need a higher coverage amount in order to fund the loan (this news one month into the friggin process). When we origina...
Karen Burt
fraudulent tax lien
Hi all,Just put a owner occupied SFH under contract and have a question. The owners have been trying to avoid foreclosure by Wells Fargo for years. No payments made in 8 years and taxes paid by WF. The owners found a ...
Nick Brown
Mortgage company pulled a switcharoo
I got a contract on my first rental property two weeks ago. Duplex. I intend to live on one side and rent other side out. I was pre-approved by a mortgage company. Everything was going fine after it was under contrac...
Kasey Destache
Lease Addendum/Agreement for prospective tenant "holding"
Hi BP Fam!
I have a question regarding a prospective tenant with a move in date of June 25th, 2021. I currently have my Los Angeles unit listed on various websites and have a few people looking at the place. The pro...
Jason Jauregui
Potential purchase - NOI and Property Tax
I'm looking at a few commercial properties and I'm confused as to who's numbers to use when evaluating the property. Specifically the property tax.I know the property tax rate is about 2.8% for this region.Seller is s...
Timothy Salmons
Need help with comps and information
Hello everyone, my team and I are investors and my main job is comping property. I recently ran the numbers on a property and came out as a good deal. However when I double checked everything before sending a contract...
Chris Lamm
Marketing Material or Systems for Owner Finance or Subto Opportunities
Hello, I have seen a few of my competitor's buying, flipping and doing SubTo's, and owner financing. They have gone to some events, paid for courses and subscribed to some marketing programs. They live in another stat...
Dallin Dragon
How do I secure funding before buying a foreclosure at auction?
To buy a foreclosure at auction I need to have the full amount of cash within 24 hours of getting the house at auction (that’s after paying $20k at the auction). I’ll go to auctions with specific houses in mind that I...
Phineas Howie
Claiming Depreciation for Tax Purposes
Somewhat confused here, how can a property appreciate, yet one can claim depreciation for tax purposes. I heard Depreciation is a bigger factor for higher end property just how big is factor would it be for say a 350...
Brandi Bryan
Wholesale contracts
Where do you get them?Anybody with experience in wholesaling, please clue me in more on more specifics. I was never interesting in wholesaling until I watched a youtube video and realized how simple it may be.Feel fre...