Steven Darrow
Loans for non-warrantable condo buyers?
I'm trying to find a lender that will offer conventional style loans on a non-warrantable condo, specifically in Florida. I've found a few lenders that will offer a portfolio product with 20% down payment, but only of...
Jimmy H.
Freddie Mac Homesteps: 4Plex Analysis
I am looking at a 4plex, listed at $95,000. Realtor says it has some plumbing/leaking issues and other maintenance needed but nothing too significant. The property is a Freddie Mac homesteps (similar to Fannie Mae Hom...
Andrew R.
Mth-to-Mth Lease and 1 of 3 tenants wants out for my other APT
So I have a 2-family rental property. Unit 1 - Rented Mth-to-Mth with 3 tenants on one lease Unit 2 - recently renovated The tenants in Unit 1 have been a bit of a nuisance with late rents and lately the rent has been...
Karl McGarvey
Lending Options for an LLC
Looking for a lender that will lend to an LLC in Texas with only one property under it so far. Young credit history for the LLC but the managing members have great credit and assets. Trying to expand our options for p...
Rich Emery
Advice for Marketing land for single family home builds
Hello All,I recently purchased some land in Northern Kentucky with great city views of Cincinnati. It's in a solid, up and coming neighborhood with lots of development nearby. I've completed a geotechnical surveys t...
Devin Basile
Self Directed IRA
Hello. I am looking to purchase land and potentially rental property using a self directed IRA. I am looking to establish an understanding of the following so that I can make decisions on how to structure the LLC": - ...
Yuval B.
Historic Commission - Philadelphia
Hi Everyone,I just finished a complete gut renovation for a property I own that is located in an area regulated by the Historic Commission. I added a couple of decks in the back of the building and went through the H...
Dawal Limbachia
2% rule before buying a rental property?
Hello everyone,In one of the BP podcast, Brandon Turner said that the 2% rule works for him in general. According to him, for example, if the property is listed for $100k, then the expected rent should be at least 2k ...
Jack Srimani
Will this influence your offer price
Hi,
I am considering purchase of four unit property, Currently I am going through price negotiation. This is a renovated fourplex with rents of two for 550 each and rents for other two are at 600 each. Each owner pays...
Randy Sinda
My 1st Driving for $'s (trial by fire style)
Fellow BP’ers,As a newb and taking the advice of all of the posts, blogs and podcast recommendations out there of not spending money on guru’s/training etc. and the mind set of just get out there and get some OJT I to...