I'm renting out a room in a 2 bed/1 bath apartment. An applicant makes 10x income over rent (after monthly debt payment) but has had Eviction Filed, Bankruptcy and a couple of Collections. The person was upfront about...
Ive been reading a few posts about Private Lenders but Im stil curious on how it works. Do i put down a downpayment? Do i pay a monthly payment? Do i have a specific time period to refinance the property? Do i also pa...
Dear all,I’m trying to make a model workout to maximize the quantity and the speed at which I can acquire rental properties in Texas. A typical deal would be structured the following way:- Purchase Price: 90k$- Rehab:...
I have noticed , that although I am able to find sellers , now buyers are harder to come by.
Any ideas for reverse pysch for buyers than used for sellers.
The whole "I Buy Houses" thing has been done , we know it w...
Hi everyone :)I am hoping to have a few Qs answered in regards to buying a house, which I will be doing towards the middle of this year. This will be a single family home, my primary and only residence, and no portio...
Hello BPers in Pensacola!My business partner and I are taking a huge look at some opportunities in the Pensacola area. What areas specifically should we be targetting??? Any thoughts on what areas to avoid? I have hea...
I'm looking for a template or sample of a private money loan agreement. I have already discussed the rate and the time frame...I was just wanting something official and professional to start with before I draw it up.
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Hello Everyone,
I hope you're having a great day!
My name is Travis. I'm 29, and I've never owned a house before. I'm looking to buy a house in Raleigh, North Carolina, and I wanted to figure out all the monthly exp...
New tenant asks if a non-family member can move in (friend of fiancée). Says he's willing to pay the application fee and have a background check.1) I'm grateful she asked.2) What are your thoughts? If mom or daughter ...