Janell E.
Funding Down Payment of Seller Finance Deal
My partner and I have found a deal that includes 18 units for $1,168,000 with seller financing 25% down, 5% interest, 5 year balloon, 30 year amortization schedule. We need about $320k to allow for some reserves. We h...
Lisa Montana
Online rent payments
Has anyone tried any of the online rent payment tools listed on this page: https://www.biggerpockets.com/rei/pay-rent-online-...What do you recommend in terms of low cost and security? Some people recommend Venmo.Goog...
Dalton Shepherd
Long term creative financing
I'm looking at buying my first investment property but I'm wondering if there are private investors or companies that will lend on the rental income of the property and cover the down payment? If so, are there certain...
Josh M.
Lending (Heloc) questions
Hi, I have a few questions about using a Heloc and getting a loan for a second home (vacation that I do intend to stay in part of the year.)Scenario:House value:250KLoan balance: 50KEquity: 200KGoals/Plan:Get 10 STR p...
Derek Venhuizen
Unemployed Tenant
I have a 3 bed / 3 bath townhouse that is rented to 3 tenants. Two of the three tenants have never been late. The third tenant has historically been consistently late yet always has paid in full until recently. Afte...
Suzie Remilien
American Note Warehouse
Has anyone bought performing notes from JW Warr's American Note Warehouse web site? Please share your opinions.
Chris Masons
Borrowing against E-trade Brokerage acct. and buying cash
[HI guys,
I have found another great 2 family that is an estate sale. I have a chance to pick up the property at a great price. This is an all brick 2 fam. in the heart of where all my others reside. It's really pict...
Gary Jordan
Inherited Tenant - Not Paying Security Deposit
Good Evening BP,I recently purchased a 4 unit multifamily that was fully leased. One of the apartments was recently (28days earlier) leased to a new tenant. The lease required an $1350 deposit. The tenant and la...
Adam Craig
Security deposit for small office space?
Do you require full security deposit for small office space?
We have about 8000 sq ft of office divided into 6 units with units ranging from 700 sq/ft to 2000 sq/ft.
The space we have is completely remodeled and mov...
Elizaveta Dolzhenko
Potential tenant cannot pay deposit in full
Hi,
My husband and I are trying to rent out our first property and we came across a potential tenant who would like to pay deposit over the first two months - first half along with first months rent prior to ...