Matt Wan
Can I buy a property without being physically present for any part?
Can I purchase a property using a traditional mortgage without being physically present for any part of the process? A relative who does long-distance real estate investing told me that I have to sign the final loan d...
David Rutledge
insurance policy cancelled whats next?
I have a few rental properties that I have recently purchased. I received a letter from my insurance company today stating that they had to cancel my policy due to water damage to the ceiling of one of my units.I only...
Xavier Strong
Financing as a Partnership
Hello everyone. Some years back me and six other of my closes friend began contributing money into a bank account. We have enough to cover a 20% down payment but that's all. We recently structured our group as a busin...
Thomas Travers
Subdividing with a construction loan on the property
I have a 10 acre property in Gilmer County Ga. I recently took out a construction loan through First Federal bank of Kansas City. I've been told by some locals that if I ever was thinking of subdividing, the sooner th...
Cameron Price
Good terms? You know where to get better? 30 yr fixed rate NOO.
I'm getting quotes on mortgage terms, etc.Heres what I currently have:Rental property appraised at $72,000. Looking for 30 year fixed rate mortgage- cash out refinance.My credit score is 762.I have a 10K LOC on the pr...
Holly Boss
Ready to BRRRR into my 2nd investment in Tucson; refi first?
This is probably a question to ask a lender but here it goes: I'm about to refi my investment property to buy a second investment property which also will be a BRRRR. Do you refinance and hold on to the cashout before...
Joseph Hoot
advice for first time purchasing/closing with LLC
Hi all,We're within a week from closing on our first property in Georgia. We'd like to have it owned by an LLC that we created (FYI, I have listened to the podcasts about not worrying about entities until you get goi...
Mr Good
Seller not providing docs
Hello. I got great advice here before. Thanks again. Current dilemma:
I made an offer to buy a home which is owned by a bank (foreclosure). The seller accepted my offer, signed a purchase/sale agreement. Expiry ...
Joe Belanger
credit score dropped prior to closing
I was pre approved for house and bank just accepted my offer last week, I received notification today that credit score dropped 28 points ONLY thing changed was alert saying "credit usage significantly increased 45%" ...
Adam Reynolds
How to Structure Private Money Loan
Happy New Year BP friends! I have a question regarding private money loans. A 50/50 partner and I are purchasing a BRRRR property and a third party (mutual friend) will be lending us the funds for the purchase and reh...