Robert Ombres
Local Contractor & Vendor list - Asheville / Hendersonville
Hey all,Who are you using or recommending for contractors, vendors, etc in the area?
Jonathan Cole
Buying my parents house
My parents have been currently residing in their home for 25+ years. They hit a rough patch about 6 years ago and can no longer afford their mortgage. The maintenance of the home has gone to the wayside, there are qui...
Grant Gaffney
Commercial Loan questions - Amortization and Balloon.
Newbie to the forums, had questions about commercial loans.
For a commercial loans I understand they vary upon what lenders are willing to lend, but are there certain advantages to structuring the loan a certain way...
Heidi M.
Foreclosure - fireplace issue
Looking at purchasing a foreclosure. When I toured the house I found a hole in the drywall and a pipe with a giant hole in it. I assume it’s the flue. The house smells like smoke and the vents in the ceiling are ar...
Chris Purcell
Getting around Fannie Mae 10 rental rule
Currently have 1 primary and 1 investment loan right nowWas able to find a Private lender, so my strategy for 2017 was to buy, fix, rent, and refinance out at 80% LTV. Rinse and repeat Now I'm reading you can only do...
Joel L kendrick
Buying a foreclosure from a bank
Looking for some information on buying property through bank foreclosure. I'm in a process of purchasing it property and I'm told that the bank will only give me a clear title from the time they took possession of pro...
Deurward Clark
foreclosures
Good afternoon to all, can some one tell me if its a good idea for a newbie who has not done there first deal yet if its a good idea to invest in a foreclosure property. I have been in the business for about 6 months ...
Christopher Mendoza
Rental Property Rehabbed to Sell -- 1031 Exchange Implications
Hi BP Community. What are the implications for a 1031 Exchange if a long-term rental property is rehabbed prior to sale? For example, the homeowner improves the interior of the house (vacant with no tenants) in order...
Jason Sung
Earliest time I can do 1031?
Hi all, I have a rental property that I bought in Feb 2024. After rehab, I have been renting it since May 2024. Hence, no tax filing was done for rental income from this property yet. When would be the earliest time I...
Cain McNeil
Needing help finding non recourse debt (Panama City)
Going to try to keep this as brief as possible- I located a great deal: 25 units, NOI is 165K, contract price is $1,250,000. Property is in a B-, C neighborhood and is well maintained and managed with 100% occupancy. ...