I am renovating a kitchen and a friend of mine recommended a Store locally that sells RTA cabinets. I went to the store, met the owner and paid for his guy to come measure and present the drawings. I did need to exten...
Hey BP, I have been looking into hard money and private investor loans, and how investors use these loans to refinance a property after they fix it up into a conventional loan. You all know the story, they pay back th...
Well, this note biz always has a new twist thanks to the feds. We just got this email from our servicer in regards to a loan that we purchased which is a fully amortized, owner occupied, 30 year P&I note at 12% co...
We had an active purchase contract on our home with buyers who were paying cash ($495k). However the night prior to closing, my siblings placed a memorandum of interest on our home. (Another long story). They indeed h...
Hi everyone - we've owned a property for the past 10 years that we rent to family members. We charge them less than the mortgage, but with the tax benefits we end up breaking about even every year, so it's not an asse...
Hello All,Have you successfully lined up a revolving credit line on your entire portfolio? I have a lot of equity spread between my multiple properties, and I'd like to find a bank that will extend a line of credit co...
Expired listing, had two parcels packaged together as one. One of the parcels is a small SFH, the other is a multi-unit.Seller doesn't want to split them up, which is ok with me, I'd like them both anyway and I'd lik...
Hello all,I am finishing my Junior year at Michigan State University studying Hospitality Business. After loving my Real Estate Investment elective this year, I've decided to apply for the Real Estate Specialization f...
My question: When lease comes up for renewal next year, can we decide not to renew it, even if tenant is willing to sign? Reasons given below.Details: One of our tenants in a 4-plex in Austin, TX is causing lot of "tr...
I signed a purchase agreement through a broker to buy 15 acres. The land is 15 minutes from Bixby, Oklahoma. From what I understand the property is going through the probate process. I signed the contract January ...