Roy Mitle
HOA not meeting 50% owner occupied rule - issue with financing?
We are looking to bid on a townhome but found out that more than 50% is rented out. My mortgage broker says we will end up paying a lot more interest rate if that is the case. Is that true? We are under a tight deadli...
Tejas Kotecha
Question and request for recommendation 1031 exchange
Hi, I am looking to do a 1031 exchange soon (closing in Feb). The property is in Oregon but I live in California. So, 1. Can I choose 1031 Exchange facilitator anywhere? 2. Can you please recommend a 1031 exchange fac...
James Kandasamy
HVAC, Electrician and Plumber contractor in San Antonio
Hi,Do any members know reliable HVAC, electrician and plumber contact in San Antonio area.James
Mike Day
Seller delaying offer response and collecting other offers--what would you do?
I've put an offer on a small apartment building that was supposed to expire in three days. The seller has said they need additional time to deal with a lien and are expecting to accept my offer and start escrow any da...
Account Closed
Unconventional Strategy ideas needed!
Hello BP! I need suggestions on alternative strategies for the following scenario:-Purchased a property to flip. Currently loan for $650k with a hard money lender.-We ran into a few snags with the tenant that was occu...
Helena Chen
DIY or farm it out? An informal poll.
Hi!
About to start my first diy reno on a property.
My workforce will likely be yours truly plus one hired helper.
What would you tackle on your own vs hiring a pro on?
1. demo of parquet and vinyl flooring in li...
Andrew S.
Last minute incorrect inspection contingency
I'm working on a duplex from the MLS under contract and have a couple items that I worked with my realtor on for the inspection contingency. The property is a fixer upper so I'm focusing on larger items that were ide...
Christopher S.
Unlocking Chicago's Community Development Grant Program: A Streamlined Financing Path
The City of Chicago has recently streamlined its financial incentive programs for economic development within city limits. Historically, navigating the funding landscape was complex with differing program specific fun...
Kizzy Robb
When You Own It Free & Clear... But
Hello BP,
I’ve spend some hours reading different forums but I don’t think I’ve gotten a direct answer to my questions, so I’m posting it here.
If I have a 2-4 MF and I own it free and clear but it needs some extens...
Luke Hyde
What exactly is a Refinance? How do investors utilize Refinance?
I have heard of refinances over and over in articles, books, and podcasts. I have a general understanding that is a replacement of a debt obligation but how do investors utilize a refinance in their favor? What is the...