Rob, I think you would trigger the due on sale clause, but these forums discuss buying property subject to the existing mortgage, so maybe search that phrase and see what it says and if you could use it.
NOTE FROM MO...
Hi All, I'm new to BP. I've lived in SoCal my entire life, and don't plan on changing it. My wife and I are aggressive investors by nature, and we want to take it to the next level. We have some nice assets that I ...
July 26, 2021
Can You Afford a New Roof?
By Ron Hurtibise
Many Fla. homeowners could soon find it difficult to get private market insurance coverage on their homes, as a result of big losses insurers say are partia...
Hello, this is my first post on the forums, and I'm in need of some advice.I've been analyzing potential properties for about an hour per day for a while now, just trying to get a feel for analyses and markets. I've n...
What does "land does not perk mean" on a piece of vacant land?
I have a four plex that runs on oil that heats the entire building. The thermostat is in a common area and the tenants continuously crank it up to absurdly hot temperatures. I would like to purchase a smart thermostat...
I own a multifamily property in which Landlord pays for water since it is not separately metered. I will start instituting a fixed price bill back to tenants but it would not cover 100% of the water bill (if I wanted ...
Ok so we all thought about REI way too long before taking action right? So I'm in action...but actual action is a full time job in itself..lol..that was a fact I should have anticipated, right? Anyway, I'm real busy w...
TL;DR. I am looking for advice on how I can take appropriate action to warn future landlords and LPs about a deceptive and destructive executive-level tenant who is also a GP on real estate deals.
I rented a fully f...
I have a very good deal I think. I've been working with a realtor and an appraiser about this property here in Florida. It's a 3 bed 2 bath, about 1400 square feet. Built in 1959 and the list price is 67500. Comps in ...