Corey Dutton
Borrowers to See Mort Payment Spikes with HAMP Expiring
The U.S. Government’s HAMP Program (Home Affordable Modification Program) is about to expire. Over $1 MM homeowners were able to take advantage of this program in 2009, which provided a sharp drop in the interest r...
Ayne C.
BRRRR with tenants in place
Considering my first multi for BRRRR strategy. What if i buy it with tenants in place? How do I get them out to rehab and add value?In the case of month to month, can I just raise the rent until they leave? Proceed...
Hira Y.
Complaint against property manager during contract.
Can I file a file a complaint against a property manager to state commission/ state regulator while under contract and if there is any implication that PM can hold the rent and deposit till the investigation is over ?...
Casey Marley
Re-finance vs Equity line of Credit
I have a commercial loan on a 10-plex in which I'm looking at pulling out the equity to invest in additional properties (BRRRR strategy). My main issue is that I have an early payment penalty for the first 5 years of...
Derek Raivio
Syndication/Opportunity Zone 506 (b) funding advice
Experienced syndicators! Our team is in the midst of finalizing our Opportunity Zone Fund based in SPOKANE, Wa. We are looking to raise $30M, with the total project being worth $80M ($50M leverage). We own the dirt, a...
Account Closed
Private Money-Where Not find
The other day, I posted a question on the Forums: Private Money in FL-Where to find? After not receiving more than one answer, I just decided to go out and do some homework and here is what I found. (Probably more exp...
Chauncy Gray
Wholesaling Properties in Rhode Island
Hello Everyone,
I just moved to Rhode Island and I wanted to ask the question if it is allowed to wholesale properties without a broker's license? I just came from Illinois where investors can wholesale only one prop...
Michelle Ferrand
FHA Question - California
Yesterday I was doing some research and found a 4-unit property in Lancaster CA that I ended up contacting the agent for some more specific info.
She wrote back stating the property was in escrow but asked if...
Marshall Downs
RE Fund Question/Poll
Investors - I am gearing up for my first Real Estate Fund and have a quick question that will influence how I proceed. Would you be more or less likely to invest in a pooled fund with no control over hand picking part...
Clifford Merritt
Are there credible resources, best practice to screen tenants?
Hi BP community,Just joined and ready to make the plunge and purchase my first MFH property. However I don’t know how to prepare to navigate existing tenant and the vacancies. I plan on using the lease forms in BP but...