I recently bought a duplex to live in one unit and rent out the other. The other unit was already rented when I purchased the property. I bought it in November the tenant's lease is up at the end of July, 2013. I j...
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What are some GOOD pre qualifications to use? especially in the URBAN community? - Whats your application process?
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We have 8% pref and plan to refinance into GSE on year 3. We return 50% of the capital to investors. Do we split this payout like any other cashflow? Let's say we have a cumulative 70/30 split. Let's say year 3 brings...
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BP Gurus! A small developer I know has proposed a partnership that's pretty intriguing but I'd appreciate some opinions on it. The developer owns free & clear land within a few miles of a big university. He's pr...
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Hi all,I am a first time landlord, here in Colorado. I just closed on my first duplex and I am moving into one side.The opposite side has tenants with a one year lease. During closing, the previous property manager me...
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Hey gang, just curious what industry standard is or your experience for a PM company sending rent proceed funds?
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I bought and paid for a house on 12/3/19. I was told by the auctioneer that I would receive the deed inside 30 days. I go the refund for the overage I paid on the day on day 20. I have been in touch with the law firm,...
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Hi BP community!I've received a number of referrals for lenders in the Columbus market, but most of them are conventional or portfolio lenders. Long term, I will definitely look to build relationships with portfolio l...
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I have a rental that is turning over the end of May. I listed the house for rent on Zillow, and have received several inquiries for the house. Some have gone as far as to pay (through Zillow) for an application whic...
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I know when banks loan, having a W-2 income source is a huge factor in lending. Does anyone know if this applies to retirement pay? Sure would be a good incentive for someone looking to invest in real estate to hit ...