Nathan H.
Wrap around mortgage advice
Hi BP Community,I’m looking for some advice on a mortgage wrap deal I’m looking to do. I’m the seller and would be carrying the financing on a $750,000 duplex. The underlying mortgage is a conforming 30 year fixed and...
Erin Feit
Wrapping taxes and insurance into mortgage or not?
Hey all!
On the two SFH's I own, I have the taxes and insurance wrapped into the monthly mortgage. I'm curious what common practices are and if there are any reasons why it would be more beneficial to pay taxes and ...
Jarrod Ochsenbein
Started with a Co-living house Jan 1 2024. Filled 8 rooms in 12 days on Padsplit!
I don't post much, but had to post my January results doing a rent by room model for one month. I bought a 4 bedroom and turned it into an 8 bedroom. It went live and we filled it in 12 days. I had planned on 3 month...
Ben Ortiz
How do i know I'm getting a Great Deal w/ HML?
My wife and I are newbies in this Real Estate investing and we are looking to rehab and sell properties. A HML is offering me 30% Down on a 150k Stated Loan with a possible 7 to12% interest loan. We currently have a l...
Mark Feaver
WOULD YOU BUY THIS PROPERTY IN THESE TIMES?
WHAT DO YOU THINK?
I have spent the last 6 months analyzing properties. I have recently come across a property that makes sense from a cash flow point of view. We are having inspections done in two days. My questi...
Ben Reiss
Rehab SFH on College Campus
Good Morning Everyone,
I have asked a few questions on BP and gotten some good advice. I have done some marketing and found a few things. I bought a lot with some title issues I cleaned up for 18K all in that is ...
Eddie Espinal
Has any body here used PadSplit for their rental properties?
I'm looking at a duplex opportunity that says "Corporate tenant, PadSplit has a low-risk 2-year master lease that protects your investment and alleviates landlord headaches.", this is the first time I hear about PadSp...
Aidan Mulligan
Explain the hatred of pitbulls
Hello everyone,I see something pop up all the time when talking about allowing pets on your property. Someone always says "Except if it's a pitbull, keep those away"Now I understand that "dangerous breeds" can bring h...
Nathan Gesner
California ramps up the crazy, wants to own 45% of your home
The California Dream For All program wants to help minorities own a home. How will they do it? By purchasing 45% of the home! The buyer gets in cheap because they only have to pay for 55% of the home, but then Big Bro...
William C.
Tenant accidently burned the oven tray
Tenant accidentally burned the oven tray (the big tray/draw on the bottom of the oven). It was caused by the previous owner left a huge meat bone (undiscovered) in the bottom shelf (the tenant are all Vegetaria...