Hi everyone,I am a fairly new member of BP. Im closing on my first SFR next week and I am looking to grab a couple more in the next 90 days. Does anyone on this board have experience with accepting S8 on their propert...
I've heard that on a short sale, a bank will accept a certain percentage of their appraised value, which varies depending on several things, including whether the existing mortgage that's in default is FHA.What's the ...
Could some one advise how would you handle a office space tenant background check results. I have small offices that I rent for $500 and I typically run background checks the way I would do for residential customers. ...
Wondering what the appropriate questions are to ask before making an offer on a Multifamily? I assume you'd obviously want the gross scheduled income, vacancy, gross operating income, total expenses and NOI but beyon...
Figured I might as well make one of these since we have about 5 others with the same name.
I am missing something in the short sale process. Looking at the banks short sale package, they want an offer or purchase ag...
A lot of my applicants want to know If I accept pets, and the answer is always NO! I have had tens of thousands of dollars of damage caused by 'good dogs' and "wonderful, loving" cats-some so severe that it was almost...
As an LP, an important thing to look at on the monthly reports is the net income. I'm not just talking about the NOI, which is surely important. To assess the health of an investment, you should also consider the net ...
im new to this, this is a possible shortsale has been on the market for a longtime now, its in a great location, they are asking 19,000 for it i think its a 3/1 or 2/1 would this be a good ideal for rental or a fl...
We are preparing to close on our second investment property (SFR) in the next month. Like the first, in order to secure financing with a competitive interest rate and 20% down, we put the loans in the names of the LLC...
Hi BP, excited to say I made my first offer as an educated real estate investor today on a Freddie Mac REO property. I emphasize the "educated" part b/c I made an offer on an investment property 14 months ago...and t...