Eric Swint
Seller Financing Multifamily Advice
Hello BP,I'm in the process of purchasing my second duplex with seller financing. Purchase price 150K (. We've settled on a 7 year balloon with a 6% interest payment (based on 30 yr amortization). Down payment of 3.5%...
Randy Steele
What happens to liens during a foreclosure?
We purchased a property from the courthouse steps 3 years ago. Our understanding was this process cleared all liens on the property. But now we're being asked to pay delinquent bills from the former owner to the HOA. ...
Steve Cady
HELOC to Flip to Buy and Hold
I am finally getting over my analysis paralysis and ready to start my journey. Ultimately, my goal is to build up a portfolio of buy and holds to generate enough cash flow to live on but as long as I’m working, I don...
Andrew Futty
Should I use a 203k to finance repairs?
I'm looking to purchase a home as a rental property that needs a decent amount of repairs, probably upwards of $20k, but I don't have the cash to make them after the down payment. I've heard bad things about 203k loan...
Richard Johnson
Question for short sale specialist in the southwest USA
My business profession is in engineering, however I'm in the process of trying to purchase a short sale home through my agent. As in most professions there are many processes to a successful completion of a project....
Daqwan Barnhardt
Using my VA loan to purchase a multi-family property
Im a brand new investor and I am interested in using my VA loan to purchase a multi family property. Is this allowed? If so are there any specific rules against it? Lastly. Has anyone used their VA loan to purchase a ...
Elliot Erickson
Question about Closing Agent Pricing
Hello,I am putting together a deal and looking for a title company in Chicago. One got back to me with their pricing and I'd love some advice about whether it is a fair price or not. It is more than I thought, at th...
Ryder Meehan
Wholesaling Assignment Contract Question
Novice to wholesaling here! So I have a buyer and a seller on my first wholesaling deal (hopefully) and am a little confused on the contracts.I have an option on a seller’s property at $45K and he has signed the TREC ...
Brendan Simpkins
Nashville Owner-Occupied STR Permit Application
Hi All,
Can anyone who's gone through the Davidson County, TN Owner-Occupied STR permit application process tell me how long it usually takes to get approved?
Also, any tips on how to expedite the process would be ...
Jon H.
Approvals/Permits before purchasing property
I've noticed a few threads where people state that the jurisdiction approvals/permits should be obtained prior to purchasing a property. I'm curious how this process plays out if you haven't bought a property yet. D...