Hi everyone, This is my first post on BP. I'm looking to BRRRR a property in Indy and 2BR have a house under contract just north of the littleflower neighborhood. Does anyone have experince in this area? It seems t...
A little bit of venting:Some pretext: Our office (I'm an architect) has been working on a 84 unit apartment complex in our city. Our city is DESPERATELY short on housing as a whole and even worse off when it come to a...
I hear a lot of left wing people say that we invaded Iraq for the oil. admittedly I'm not a smart man. I dropped out of college, but I do have a lot of real world experience. So help me understand this please. If we i...
Hello,
I had a unit up for rental (a townhome) and received an application from Zillow which showed that she has no criminal history and credit score was good as well. I did all my other due diligence like asking for...
It appears that loan officers are the gatekeepers to many would-be investors who don’t have a huge savings or access to private loans. My question is, is it important to impress a loan officer and if it is how do we g...
In 8 years of landlording, I haven't come across this one yet. I got a call from my Sunrise, Florida tenant on Saturday, saying he and his wife are out of state on vacation. Their mother-in-law stopped by that afte...
Hello BP community! I have run into an issue after I thought I did every thing correctly.
Here is what I did (my homework):
1.Called MANY banks and finally finding one locally who would do a portfolio loan/refinance...
If a lender has the first and the second on a property does the lender ever foreclose on the both loans or foreclose on just the second? Or do they always just foreclose on the first and consider the second a loss? ...
So I have a small mixed use property, I have been approached with an offer for purchase by a developer , I would stand to make a pretty good profit,, but it would mean that I would go from owning an office to having ...
If anyone else is frustrated with the current eviction moratorium in Minnesota, I would encourage you to write a letter (as I did) to Governor Tim Walz. It may not do any good, but the action was good therapy.
The ...