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I need to refinance my two homes one by one before I can get prequalified for a purchase. I’m renting one and I want to rent the one that I’m in right now and find another to BRRR. Is it better to do it one by one (r...
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I can't tell you how many horror stories I've heard from folks about their GCs totally messing up their investment properties in one of a variety of ways. We allow our borrowers to choose their GC but prefer that they...
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My boyfriend and I recently purchased our first duplex with an FHA renovation loan. Our contractor was approved through the bank, so he has his insurance and the whole 9 yards. He got 80% of the way through the work h...
my ex and I bought a condo together which I have been paying for the past 7 years. She is now applying for a mortgage and her broker is asking me for all of my unredacted banking details for 12 months in order to di...
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I just wanted to share this story. It's amazing all the BS you have to watch out for as a property owner.
I got a letter from an inspector that someone at a property I own had been involved in illegal dumping and I ha...
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Hi BP Fam,If I set up an LLC in, say, Illinois, and then purchase a property in Ohio, renovate and sell it, does that count as "doing business in Ohio" such that I would have to register that Illinois LLC in Ohio as a...
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I found a potential property through Freddie Mac's HomeSteps and called the listing agent for a showing. He informed me that there was already an offer on it, but he said he couldn't tell me how much the offer is f...
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Hello BP friends, I am finally ready to begin my journey as a Real Estate Investor! I am interested in utilizing the BRRRR strategy and currently at a stage where I am building my “Core Four” and calling on all Deal ...
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I have a few questions I was hoping any NJ/PA investors could answer for someone getting started. 1) anyone know a qualified property manager to oversee my potential property in warren county, phillipsburg area ? (Col...
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Hello,
I wanted to know when do you make the decision to issue a 3 day pay or quit notice?
What are the factors that make you serve the notice. Is it a certain amount of days late, is it each month paying late or lat...