Bienes Raices
"Due on Sale" clause and interest rates?
I know that the consensus is that "due on sale" is almost never triggered in the real world.
However if someone locked in at a historically low interest rate today and then deeded the property to an LLC (or some oth...
John Chan
General contractor not performing
Hi BP community,
I am an out of state investor doing a BRRRR in Cleveland OH. I've purchased a property back in July and hired a contractor to rehab the unit. I've paid the contractor $12,900 for 50% down payment of ...
Ryan Sweeney
First time home build
Hello Everyone,I have scrubbed through several threads and haven't seen anything that could help me.I am going to build my first two (investment) homes on empty lots that I own. I am looking for general guidance for ...
Archer Stone
Seller lied about mold in the walls :-(
We bought a condo and moved in 5 days ago. Me, my wife, and 1yr old daughterInspector had found a small amount of mold under the sink in the inspection. Less than two square feet. Sent it to a lab and it tested as “pe...
LaTonya Norseweather
Feltes Frankraymond Legit or no?
I am currently trying to find out information on a "private lender" names Feltes Frankraymond or Raymond Feltes. I can't seem to find anyone who has ever heard of him let along a reference of someone who has done busi...
Shane Matzen
How to turn down prospective tenants?
Hello, I am about to close on a 4-unit property in a working class neighborhood. Three of the units are vacant, so this will be my first time marketing units and finding tenants to fill them. I have done research on ...
Kristy F.
Contractor stole our money and abandoned project
I hired a insured, licensed, bonded general contractor to remodel the bottom unit of our building. According to our contract, he was to be paid in phases until the completion of work. He kept collecting advance paymen...
Ellie Perlman
My 5-Step Process to Raising Capital in a Recession
I’ve put together a 5-step process that I use to raise capital in a volatile market. I’m sharing it with you in the hope that it will help you raise the capital you need for your next deal. Feel free to share your bes...
Kathlyn Lewis
End of Delayed Possession Agreement Procedures
Hi all!
Hoping to impose on your great cache of knowledge once again.
My husband and I purchased a property in February with a large garage. We agreed at the time of closing to a Delayed Possession Agr...
Tom Camarda
Best way to keep purchasing
Greeting BP communityQuestion for you all. I currently only qualify for conventional mortgages via Freddie Mac, which caps my loans at 6. I currently have 6 properties (including my primary) so I have reached my limit...