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If you buy a home from a homeowner who is living in the home, is there a standard amount of time for them to be allowed to live there before vacating, while they look for another place to live and move there?
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I'm thinking of investing in some notes with Capella Mortgage. I know they've been around for quite a while, and I'm wondering if anyone would be willing to share their experiences they have had dealing with them, eit...
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Good day – I hope everyone is having a great weekend – I have a question I am sure some folks here have run into previously.Disclaimer here – I am pretty new to BP and have been enjoying searching around and getting f...
Thank you all in advance. Here is the scenario:Duplex, ~1800 sq foot total, built 1930s. New roof, 2 car garage with divider. Decent neighborhood.Unit A: 2 bed 1 bath (partial finished basement with second bedroom), w...
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I have been using the 70% rule, since learning about it on BP's free book. I've also heard of other percentages as well, but for now focus on only using 70%. My curiosity is on how this percentage came to be? is it co...
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Lots of wealth destruction will occur in the REI space if this continues. https://www.washingtonpost.com/business/2020/08/06/trump-eviction-moratorium/https://www.washingtonpost.com...
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I am under contract with the seller of a short sale, BofA is the bank. I found from the inspections that it will require more work to rehab the house than thought: big items, plumbing, roof etc that was not apparent w...
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Tenant in Memphis, TN is supposed to be moving out. Hasn’t paid rent for November (despite telling PM he would pay by a particular date). PM states they’ve been trying to collect November rent all month and when the...
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I am a new investor looking at a foreclosure as a live and flip. The ARV is $400k, the rehab costs should be between $130l-$150k, the property is bank owned and asking price is $260 with a $20k assessment. My though...
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Looks like the 2nd month of no distributions for me, how about you guys? I emailed RS last month, and got a reply about onboarding someone to take care of distributions - looks like it never happened, or the info I r...