Interested in purchasing buy and hold properties in other states. Mainly because Southern California has low CAP (3-5) and is not a landlord friendly state. I'm not into flipping, though a lot of investors I work with...
i closed on my first rental yesterday. the previous owner has lived in the house for 32 years. i ran title and agreed on settlement about two months ago. i need to mention the previous owner met a girl online a...
Good evening! I've ran into a little bit of a stumbling block and I'm looking for additional options for my next move. I appreciate all answers in advance.I have a signed contract to sell a mobile home but the park ...
Hi BP,I'm reviewing my first multifamily syndication investment for myself and a few of my investor friends, and want to ensure I properly assess this deal and fully understand the risks.If you've done a deal like thi...
I was curious if anyone has had issues owning a rental property that has a mother-in-law unit in the basement. with not having sufficient parking or the neighbors calling the city to say there were multiple renters. ...
This is what people ask me all the time: Is there any such thing as an asset based lender anymore? These days, most hard money lenders are asking for a credit report and other documentation from borrowers to give them...
My tenant wants a roommate which is OK with me. She picked out someone and I sent him a request for a background and credit check via Cozy. He asked me to reimburse him the cost of the checks. I told him I wouldn't do...
I am a seller of a property and I refused to extend the closing date of the property I am selling. I did so because of an email that the buyers real estate agent sent to our real estate agent. Basically it told me I h...
Is it possible to buy a property with a mortgage, rehab it to owner finance it to a buyer. Recoup a majority of the Down payment and charge a few points extra in interest, just to turn around and do it again with t...
Does anyone know whether there is already an article somewhere on BP about how to become a private lender? I have some cash that I want to put to work, but I do not know how to start out as a private lender, what t...