My wife and I decided a few months ago that we would buy a rental property. We took out a $50K HELOC that we will be using for our down payment and reserve.
We live in upstate NY, so we are looking to invest out of s...
We were just yesterday looking at some options for home warranty type of services and I think crowd-sourcing this one may help:The provider we were looking at specifically was HomeServe, however there are numerous oth...
Hi Fellow BPites,I recently ran into some bad luck and had two major plumbing repairs on two properties. Expenses were $2.5K and $5.5K (& counting) respectively. In both cases I had sewage backup into the home. Th...
I am currently doing a complete rehab on a duplex (side by side) in Canandaigua (Finger Lakes). I intended to BRRRR this property after the rehab is done.Here is the issue that I am looking for feed back:Each duplex ...
I have Arlo Pro cameras and love them except for that fact that the battery doesn’t seem to last more than a month. I live about 2 hours from my rentals and hate having to change the battery every month. My rentals ru...
Hello all! It's a long read and I appreciate your feedback. I'm looking at doing a subject-to transaction, me, as the buyer. I've got a verbal agreement for these terms: purchase property for $230,000, 0% down, 20...
Having an issue with a past buyer that's making my blood pressure go up. Would love any feedback.We flipped a house that was a full gut renovation (hoarder, cat house) and sold it last May (pics here). The buyer was n...
I just went under contract on 3 all brick duplexes that have window unit heating and cooling. local PMs are telling me thats going to limit my rental cap. they said 50$ a month more for non window unit. these are ...
Has anyone successfully convinced a Bank (specifically BoA) to accept a non-arm's length short sale? If you have, what steps did you take and documents you submitted?
Thank you.
Trying to buy short sale w/ 2 bank loans. I offered 184k to seller and they accepted, sent to Bank 1, that has 212k loan. Bank 1 agreed and offered 1.5k to Bank 2, that has 38k loan. Bank 2 is refusing to sign, but...