Jaleen Anderson
CONTRACTS!!!!!
Just now getting my feet wet in the wholesaling business and I have an opportunity to my 1st house under contract... only thing is i have no idea as to where i go to get the 3 Contracts required to get started someone...
Raul Vasquez
WHAT IS POINTS, PITI ETC?
HI
I have numbers to analyze, my property is value in $205,000, I already paid it off and rent it for $1400.
I want to cash out to do a new investment or BRRRR and I got this lender who offers me this for 30 years:...
Cynthia Brooks
Searching for Landlord Attorney, Brooklyn, NY
Hello,I'm so glad to be a part of BP. Great opportunity to learn and share. I would greatly appreciate so help. I have a tenant who is a LINC housing program participant whose lease I do not wish to renew ( it expire...
Ryan Keenan
Ct lenders under 6 month seasoning/ delayed finance
Hi BP, was looking for a way to get around the 6 month seasoning period. I researched the delayed finance exemption and understand some investors put the rehab costs on the HUD when closing and are able to recoup the ...
Filiberto Cortes
how much you earn in interest
BP members how much interest you earn a month with 60 k in the bank
Leslie Kym
Tenant income less than twice rent, pay in advance
A prospective tenant, who is a close friend of a previous tenant, is interested in renting the unit. Their income is less than twice the rental amount, but they have offered to pay a full year. They also state that ...
Robert J.
High closing costs.
Do these closing costs seem high to anyoneLoan amount is $131,000 at 7.5% interest with 25% down. ~$11,000in closing costs: 4.4% points ($4,500)$1500 underwriting and processing$700 appraisal and credit report$1300 i...
Whitley Williams
Newbie wanting to flip houses in Houston
Hello. Can anyone tell me how does the whole flipping process works. I’ve been looking around for realtors and talked with someone about getting a loan for purchasing and rehab. My credit score is around mis 700s. Wha...
Mark Forest
Capitalize or expense
I have brought this up on other boards, but I still am not sure of the answer. I am a landlord who has acquired some fix up properties which I will lease to tenants. I have not yet made any of the houses rent ready....
Lacy Tilley
Placing tenants, rents, ocup and occupationsduring the PANDEMIC!!
What is every body doing in terms of placing new tenants? From turn overs, rents, leases and deposits.I just had a great tenant move out as per our lease. The house will be getting a 7k make over. After it sits for 4 ...