Hi guys!So I'm a resident physician living in the Bay Area and my fiance owns a 3 BR 2 BA condo in the North Kenwood area in Chicago, a 6 unit multifamily condo building. The HOA was severely mismanaged by a self-mana...
My wife and I are buying our first long distance BRRR in Oberlin, Ohio. The house is 100k and we have 20k saved up. How do you do your loans? I am trying to figure out HOW I should go about this.
- Get a Hard Money L...
I have a tenant who just got Covid and is quarantining inside the apartment. They notified me that also the thermostat is broken and they aren't able to set it to a reasonable temperature, this is not good since as th...
Hello, I have known that a few experienced investors use stainless appliances for rehabs. Where do you get them? I'm wondering because it seems spendy buying new and buying old seems cheap. Thanks
Hello,My father in law has two properties here in upstate NY: his primary home and a rental. His primary home he built with his own hands over the past 30 years. It is where my wife grew up and it is really special t...
I have two properties (a duplex and SFH) a family member is offering at deep discount, he needs to short sale. They are in Miami & I'm in WPB so, too far away for me to use VA or FHA as an owner occupant. Neither...
Hi BP Community,Took a listing to sell a property where the tenants have 3 months left until their lease is up. My sellers offered them first right to purchase the property. They cannot afford it, we put it on the mar...
BP,I'm currently working a deal, 4 rental properties for $280K. All properties currently rented. Looking for lenders / options for funding. I tried owner financing, but their terms would not work. Looking for opti...
I have a story with flood insurance that I wanted to share as I thought it may help someone out there.
A couple years ago I was in escrow on a 4-plex and the bank doing my loan said I needed flood insurance s...
I want to know if I am entitled to a denial letter if I am denied a DSCR loan. One week before closing the lender decided that I had not owned the property long enough. They said for me to come back in 3 months, becau...