Justin Whitfield
1031 into existing LLC partnership
I've never done a 1031 exchange so I'm not very informed on how these work. I've read a lot of forum posts and articles but I can't quite seem to find an answer for my situation.My parents and I have an LLC partnersh...
Alexander Rey
Partnering on a existing deal
Hello BP community! Is there a way to bring a partner into a deal I already own? I have heard about getting the house under contract and use OPM to buy it, but in this case I already bought the property and is cash fl...
Matthew Krickeberg
Background check on existing tenants?
As I close in on my first rental property purchase (duplex), it seems likely that I'll be acquiring a property with tenants under contract/lease. My question is, having no way of knowing the quality of screening the c...
Justin C.
Lease option with existing mortgage
Hi BP, I have a friend who owns a home worth around $70,000. He owes about $50,000 on a conventional 30 year mortgage with about 20 years left. He moved out of town and has been renting it to someone who approached hi...
Brian Johnson
Partnering with the existing Homeowner...?
I have the opportunity to partner with an existing homeowner in a college town to rent his property out. Let me explain... He currently lives at the property as his primary residence, but he will be moving to a home ...
Rick Bassett
Making an existing tenant reapply
All,
We have a property that we want to increase the rent by $100-$150/mo when it comes up as its under market. The current tenant has been in there for 3 years and is always right at the last day of the grace period...
James Andrews
Buying Subject To Existing Mortgage
p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 11.0px Helvetica; color: #000000; -webkit-text-stroke: #000000} p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; font: 11.0px Helvetica; color: #000000; -webkit-text-stroke: #000000;...
Steven Cosby
Taking Over Payments/Existing Mortgage
Good evening everyone. Hope all is well. In NEW YORK STATE, what is it called when u “Take Over Payments/Existing Mortgage”? Land Contract, installment agreement etc....? Also are mortgages assumable in New York? Anyo...
Al Torres
Buying an existing business help
Does anyone know of an attorney and accountant in the Philadelphia area who can evaluate the ins and outs of a business we want to purchase? The business comes with a property! Thank you.
Tracey Smythe
Adding drawer to existing cabinet
There are new cabinets in one of my recent purchases. The problem is that the cabinets on both sides of the stove are the 'wrong' kind-they are sink basin type instead of just base cabinets. They essentially look th...