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For a long time I've seen large lenders advertise 70-85% LTV loans. I assumed this meant LOAN TO VALUE, but after getting in touch with some of them, this is deceiving. The ones I have talked to so far are all Loan To...
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I am buying property (single family house) which already have a tenant and they are willing to stay after my closing. Need some advise is to what steps should I follow to transition the existing tenant under my lease?
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So my wife bought her house using an FHA loan before we married. My home was a conventfinal loan purchase for under appraisal. I've googled the topic extensively, but I can't find anywhere that states that I can't hav...
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I currently own a fourplex and am working to buy additional buy and holds. My strategy for purchasing forces me to be significantly leveraged in a property. I would like to pay down those debts as fast as possible to ...
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Hello BP Members!Does anyone know of a website or app that basically will provide a connection between wholesalers and cash buyers? Maybe somewhere where wholesalers can connect with cash buyers in the area and market...
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Hey all,I am about to close on a condo that has a tenant in place as of 2/20/19. The previous owner hired Realty Executives to manage the property and they filled out the lease with the current tenant. Since I have to...
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First time posting!
I am analyzing properties given to me by my realtor. Some are duplexes, some are quads. Most of them advertise existing tenants and a rent range. How do I approach the sensitive strategy of house ...
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When a sale is listed as "cash to existing financing" can the "cash" be raised as equity from existing properties? If so, what is the best way to do this?Thank you
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Was thinking about building a database for people to share deals they've done. I know BP has a feature for this but it seems to be light on details a lot of the time and doesn't have a lot of data points I'd love to s...
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A lot of the properties I’m searching on the MLS already have tenants in place with lease agreements. I plan to owner-occupy one of the units, so how would I handle this situation? Do I wait for their lease to expire?...