Hey guys,So a unique opportunity came about that I've never experienced in all my years renting. Someone in the neighborhood offered to pay cash (or cashier check) for the entire rental lease (10 month lease) upfront....
Thank you in advance for your time and thoughts!Context: This is my first rental property.First year was great and we renewed. We are 7 months into second year, they have been late 3 times (excuses include they were ...
Hey guys, Over the past month I've purchased 2 properties, one SFH for me to live in and one Duplex where I can rent out both units. I financed both properties through Chase. The SFH I had to had my mother cosign sinc...
Hi guys,
I'm running the numbers on my first investment and wanted to get your thoughts. It looks like a great deal to me from a numbers perspective. I'm a buy-and-hold investor and am not concerned wit...
Hello! My name is Jennifer Clancy and this is my newbie story. My husband and I became accidental landlords in August 2013, we had the opportunity to live in Australia and we took it. We did not want to pay a mortg...
Hi All-
Generally, I stay away from purchasing condos at trustee auctions. I purchased one recently and it appears to have 25K worth of past due condo fee. There was a junior condo lien recorded against the property ...
Hey everyone,My parents are actually looking at this not me. Their primary home is already paid in full (valued at $150k). My parents and I were wondering if taking out a mortgage against their home and using that mon...
You could say that Real Estate is in both my husband and my DNA yet in two different ways;Growing up my parents not only built their own home (including falling the trees and milling the lumber themselves) but also fl...
Hello BP. I would like some advice on securing loans in the name of a LLC. I currently hold a property in Philadelphia. Property is owned outright in a LLC, valued around 180k and occupied with a paying tenant. I ...
BP Family,I have a question that has been killing me. It may be dumb, however I need to have a warm and fuzzy as I am unclear how to calculate this and am loosing sleep. I've had an 80/20 Construction loan for a pre...