Elisha Salgado
Tenants left owing judgement
I took my tenants that lived in one of our apartments to the magistrate on August 3rd for lease violations and owed rent. The judge gave a judgement against them and they moved out yesterday August 13 without paying t...
Kimberly Scott
Adding units after FHA
Hi everyone :) I have a question about FHA 203k loans and cash out refinancing options. I know I can't rent a home purchased through an FHA, but I could refinance it in 6 months. Are there any laws preventing me from ...
Billy Archer
private lending first deal vs delaying first deal
I had a meeting with a BP member last week. He asked me why I haven't considered other people's money to start my investing journey (I am currently sidelined from the first step of my investing journey since I am sav...
Luis Blanco
Licensee Working With Investors
How would a new licensee go to work for a brokerage and specialize in investment properties? I'm newly acquiring my license and have it in my mind that it would be great to work for investors. I plan to become a buy a...
John Chin
Due-On-Sale clause of Subject-To deals???
How are you minimizing the risk of the lender calling the loan on your Subject-To deals? Please share :) Thanks!
Greg Moore
Virtual Assistant (VA) Property Management: Thumbs up? or down?
What is your experience with a Virtual Property Manager (e.g. oversees Virtual Assistant specializing in Property Management)?I'm a big believer in Property Management. A good one is worth giving up cashflow for! I'v...
Sara Lung
Realtor living in short sale house. Conflict of interest?
I am a buyer in a short sale transaction, in escrow going on 4 months waiting for the bank to accept the purchase offer. The listing agent is representing both seller and me, the buyer. Seller has long moved out an...
Evan Parker
No Due Diligence Period - Why?
I may be missing something, but what is the reason to bite on a listing/property offering that explicitly states no diligence? From what I understand about having a due diligence period, even a few days worth, is to u...
Frank A.
Eviction help while Under contract in Rahway?
Happy holidays NJ BP!I've convinced my sister to start her investing future with a multifamily house hack. We're currently under contract, attorney review on a duplex but after visiting with the tenants we know that w...
Chris Turek
refinance after at reno
Hi all,
I have a mortgage on a property that we are renovating. The property is on a lake and it has 3 units. Unit 1 is rented, unit 2 is vacant. It is pretty run down and when the last tenant left we didn't re-r...