Nick Brown
Mortgage company pulled a switcharoo
I got a contract on my first rental property two weeks ago. Duplex. I intend to live on one side and rent other side out. I was pre-approved by a mortgage company. Everything was going fine after it was under contrac...
Alex Martens
How to determine rent for a cafe
Hi BP community,I purchased a small cafe in a prime location in my town. The cafe is about 900 sqft with all commercial equipment, booths, coffee machines, etc. It is a turn key cafe. The purchase also included intang...
Sid K.
Mortgage on a Condo investment - Question
Hi Guys - I have been investing in cash deals(BRRRR) over the past few years and have got to around 10 doors. I have a potential condo I am looking to invest in and think given the low rates, may make sense to go ahea...
Zach Schwarzmiller
Neighbor builds well on property - Want to issue annual license agreement - Anyone have an example?
Greetings BP! I bought a cabin in April of this year that included 8 lots. The 8 lots I purchased are 12 - 19 on the following title inspection survey: http://1drv.ms/1MnMxcc - First American Title did this for me whe...
Scharnell Williams
1st Investment blessing.
Investment Info:
Small multi-family (2-4 units) other investment in Chicago.
Purchase price: $189,900
Cash invested: $6,500
2 flat owner occupied. Bought building rehabbed. Intend to duplex my unit,...
Emil Pinlac
Advice/Resources Needed: Form a Partnership or LLC?
I recently spent some time catching up with an old friend via Zoom on our various business endeavors and how our careers since college have been going.I told him about my recent RE journey and shared my investing stra...
Gillis Langston
Whose responsibility is this?
Run off from neighbors roof is causing wood siding on my townhome to rot. Who's responsibility is it to repair the damaged siding?
Dominic Lucarelli
Calculating Retail Rents in a Mixed Use Commercial Unit
Hello fellow BP members!I've been in discussions with an owner of a Mixed Use Commercial Unit (3 small storefronts, 2 apartments upstairs) in White Oak, PA. I'm very interested in it (either as a buy or NNN lease), bu...
Kyle Ewanic
BRRRR a "subject to" deal
I have a property on the MLS I'm interested in purchasing and BRRRR. I intend to live in while renovating. Meanwhile, working on other deals/projects. The home is an inheritance from the original owner (now desist). I...
Matthew Santillanes
Owner Financing
Hi,I intend to purchase a multi-family commercial property in the next year or so. I will have some capitol but I would not be able to obtain conventional financing. With owner financing is it feasible to get up to ...