Hi BP Members,Recently I have been doing a lot of research and reading on subject to and lease option investing and I must say I am really interested in it. Seems like a great way to build a passive income portfolio....
I want to take HELOC 40K line on current primary home with Market value of 620k and equity of 180k.
I also want to move out in 3 months after purchasing new property as primary and making current one as rental.
so w...
Hi!I’m an investor out of Duluth, GA - which is in the suburbs of Atlanta.I just recently closed on a nice HELOC (224k credit, 3% APR, interest only) to use for financing some upcoming deals.My question for the legal ...
Hey everyone,So I am recently under contract for a property that I negotiated from 180k to 175k with 2.5k seller’s credit. I had an inspection contingency where I wanted an inspection but would ask for no repairs.Pass...
I have an applicant who has 3 dogs. They have an ESA letter for 2 of them and their ask is (before signing the lease), to not charge pet deposit and pet fee for the third dog because they will get ESA letter for 3rd d...
Hello all,
I am an out of state investor and I am interested in buy and hold properties with a focus on cashflow in the Atlanta area. I am looking into sfh and duplexes. Being out of state I want as little headache ...
I received a precautionary PPP loan for my small business and it seems like it's causing me issues when trying to complete a cash-out refinance on one of my homes. It happened about as last minute as possible - I had ...
Does anyone have any suggestions on whether I should down 20% or %5 for my first rental property?
Basically I don't want to sink too much of my own personal reserves to seed this rental property but I want th...
What are the differences in qualifying and getting a commercial loan rather than a conventional loan? I'd like to see how difficult it would be to get one in order to get into some larger multi family properties. Any ...
Scenario: This scenario is an amalgamation of a few inquiries that I've had in the last couple months. Person purchased a neglected facility using hard money. Took a few years to get licensing, permits, etc, to either...