I've recently detected a fake landlord reference, but I almost got "fooled" by the "professional landlord reference service" that the applicant hired to fake their landlord reference. Has anyone dealt with this?If you...
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I just bought a Duplex and at the closing the Agent said I had to provide the tenants with a new lease. I researched this before, and thought that the current lease would be in effect till the end date. What do I have...
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Would love to hear some feedback on my scenario. I have a $150k that i have committed to my RE investments. I currently own over a dozen SFR in Long Island NY about 15 mile east of NYC. Things are VERY EXPENSIVE in m...
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I have been all through this site multiple times and, forgive me if I somehow have missed it, have been unable to find a spreadsheet that could be considered to meet the following (or most of) elements. I, like a lot...
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Hi BiggerPockets Members,I am looking at purchasing a Fannie Mae home and was wondering if the HomeStyle Loan (for second homes or investment properties) was still available and if so, has any investor used this type ...
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Dear BPs,I was hoping to get some insights from HM lenders or from people who work with them frequently.I'm struggling to understand why someone would agree to pay 12+% for loans where you can get mortgage at ~4% or o...
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Hi everyone, I'm looking for some advice on syndication LLC formation best practices.
Background: The plan is to syndicate 5-10, $10k+ investments into a LLC that will make 15% as a private lender. I will take 3% an...
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I currently own a primary residence that I would continue to reside. Looking to pick up a duplex but I’m not real sure where to start. I chatted with rocket mortgage and they said for investment property they would be...
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We have a commercial spot under contract that has a 3/1 house as well as some storage potential and a small commercial unit. In talking with the bank we are getting in house financing at 5.4% amort 30 years. My questi...
Hello all!After marketing for sellers I have quite a few highly motivated sellers lined up in the Volusia and Orange county part of Central Florida. After speaking with my Attorney I am saddened by what she told me a...