Live in Texas and have a minor setback with a tenant. She’s had two bounced checks so we asked to pay in certified funds for the remainder of the lease (3 mos). Her response: “I don’t have to. My lawyer says I don’t. ...
This I believe this to be an honest question, is it impossible to acquire large amounts of loans anywhere if you have a relatively new credit card account, and no income for the last 12 months? If it is, then what sho...
Came across what appears to be a really great deal on 3 new SFUs from a single seller. These will be rentals #s 3-5 for me so I know what I'm getting into. Currently thinking I'm going to finance via 2 traditional mor...
Hey guys, I'm interested in opinions on this STR deal in downtown Austin. I've already signed the contract (lmk if you think this was hasty on my part -- would love to know why) and paid some earnest money (I'm long-t...
Need some guidance:
A few partners have put up $150K for non-refundable earnest money on a 31-unit apartment to condo conversion...which was paid to the bank this past Friday.
From what the GM just told...
Hi,Firstly I'd like to thank the whole BP community for making a place with such great resources for RE rookies and vets.But I have been wondering, has anyone gotten burned by another forum member? Obviously I wouldn'...
Just Closed on my first property, and I'm feeling like I made a mistake. Bought a duplex for $157,400. My mom will live in one half and I plan to occupy the other. I got a great deal in one sense- My mom supplied the ...
Brief background: I still own rental property and relocated from TX to AL in 2017. I decided to rent a house for a year to decide where I’d prefer to live long term instead of rushing.
Straight to the point: I am bu...
I have been at another forum writing about "creative financing" at the Creative Financing Forum.Here is the intro:It is the spring and I thought I would give a primer on "creative financing" for the BP community.I wil...
I decided to try house hacking with my first Duplex, I'm living on the top unit and renting out the bottom unit. I rented the other unit out on a month-to-month basis in the beginning of March, right before the corona...