Qusay F.
When is it Acceptable to Purchase a Property For Market Price?
Hello all,About 6 months ago I purchased my first property, a duplex on the MLS at below asking price (and below market based on comps) in a high-demand, albeit up-and-coming neighborhood of Buffalo, NY. I've since re...
Yinan Q.
Two LLCs own one property?
My partner and i are planning to buy a property. We each have our own LLCs. I am wondering if we can fund the property with our LLCs 50:50? In other words, can a property be owned by two LLCs? This way we don't have ...
Richard Villandry
Does Washer & Dryer Really Make That Big of a Difference?
Hey Everyone,I wanted to get some input from all the Renters and Landlords here on BP. I'm currently a renter and moved into a newly constructed apartment a couple months ago. It is a small one bedroom but the quality...
Stacy E.
Over Budget and not completed...now what?
Hi Everyone,I will post longer once it is all finished (if that day ever comes) but just wanted to get some advice from you all. I decided to buy a freeze up foreclosure last year as my primary residence with the ide...
Charley F.
Landlord Insurance: Choosing Coverage
I have to switch from Home Owners Insurance to Landlord. My agent quote me the following, please let me know your thoughts.
P.S. Someone suggested liability is too low, but did not said what would be a good coverage....
Dylan Thomas
Help Me Lock In This Deal!
Hey BP! I’m trying to wrap up a deal and I’m running into a few things. Figured there are a lot smarter people out there than me, so I wanted to see if we could figure out a way to get the deal done! I have an owner (...
Sam Schlacter
Buying Rental Property
Hi All,
This is my first post as I just bought my first rental property and came across this fantastic site. Hope to stay engaged with others on this forum.
Some background - I just closed on a town house pro...
Sean Dezoysa
Recommendations for a good credit repair company
Hi; I'm looking for a good credit repair company to help my buyers qualify for a mortgage within 1 year. I know many here are against credit repair companies but from our perspective it's a valuable service as long as...
Mike S.
Questions about Structuring a Seller Carryback in CA
I am in negotiations with a potential seller who owns a property free and clear and is willing to "entertain" the idea of a seller carryback. She is fixed on a certain number (sales price) and I have been playing ...
Allen Lopez
Does this sound like BS?
So I found an apartment complex in Baton Rouge la. 4 units, ROI is 12%. But the realtor is telling me this:
“Also, I forgot to mention that if you will be required to pay one time fees for title transfers this fee wi...