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...
James Andrews
Buying Subject To Existing Mortgage
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Stephen Dominick
existing tenants vrs unoccupied units
Two schools of thought. Purchase cash flow building from day one with existing tenants? Empty building with potential and screen you own tenants? Most problems I hear about with first investment properties are exist...
Bill Baldwin
Existing Tenant Deposits When Purchasing
Question for the larger community - what is the convention on existing tenant security deposits when purchasing a turnkey rental property? Should they be passed to the buyer? Taken off total closing amount? Previous o...
Chantz Ireland
Buying Triplex with existing tentents.
I am currently on route to close on a Triplex at the beginning of next month. This is my first property and I am a bit confused on what I need to do. The Triplex has existing tentents that pay $150 below the average a...
Lynn Currie
Additional Insulation for Existing House
I have a friend in L.A. that needs to add insulation to an older house's attic. She's talked to a couple of contractors that have told her that cellulose is better than icynene and now is talking to another contractor...
Spenser Harding
The first deal does exist!!
Hello BP, I have been wanting to right this post for a long time!!! After years of reading books, searching 1000s of forum posts, analyzing multiple potential deals, and spending hours listening to informative podcast...
Brooke O'Bryan
Buying 1st Rental - Existing Tenants?
I found a duplex that is listed for 95k, has renters currently in both sides for total rent of 1250/mo. I bet I could get the property for around 85k which would put it well above the 1% rule, but Im wondering for my...
Brandon Ely
How to leverage existing rentals
Hi all, this is my first post. Thanks ‘m hoping someone had suggestions on investment strategy.I have a couple of SFR rentals in Coeur d Alene, ID. Combined, they are roughly at 50% LTV and I estimate very roughly tha...
Brett Blackmore
Potential Rental Property - Existing Lease
Hey BP'ers,I'm still working on securing my first deal, and definitely taking my time trying to make sure my first buy is actually a deal. I found a 2 family that has the potential to have a good amount of cashflow. ...