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Hi. My husband and I are under contract to purchase our first SF rental property. We will be inheriting tenants that are month-to-month. The written one year lease ended in April of 2017. The clause in the contract ab...
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How do I structure a deal if I want to do seller financing but the seller has a mortgage. I've seen 1 post talking about subject to and seller financing hybrid but it doesn't explain or break it down. Ex. Seller st...
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My apologies if this is covered already. I didn't see it specifically, so I thought I'd post. In another BP topic about Lead Based Paint (LBP), I implied by my comment that a landlord should develop a best practice to...
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What are the Pros and Cons of moving the rentals to LLC. Can the lender object moving the property to LLC?
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Hi guys! I am new to BP and I am loving it! I was hoping someone could help me out with something. I just bought my first rental property a few months ago and opened up an LLC to put it under. I have been doing my res...
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Hi everyone, I Want to purchase my first home to flip in Foreclosure bid and I have a few questions For first purchase what will be most recommended? Bid/Agent?I understand the when I'm bidding usually I cannot inspec...
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I am reviewing a listing in the MLS and it contains this statement:"Subject to bankruptcy court approval. Trustee's deed and sold as is where is."What is a trustee's deed and what impact would it have on me purchasing...
Hello folks,I have several offers from my credit cards for credit transfers directly into my bank account for 0% for 18 months with a single 4% transaction fee. My credit limit is about 77,000 for these offers.I’m ask...
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I am working on a plans for a 4-unit retail development in Bourbonnais. I am wondering how people go about placing quality big name tenants like Starbucks for example. I have searched high and low for information on t...
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Hi! I have a property in West Hartford, CT that I have a potential rent to own buyer/tenant for. Questions:What is the percentage, normally used, for the non-refundable down payment?Is there a rule of thumb as to what...