Need your help!!! All Insight welcome. Under contract for a new (to me) property (Condo). Great equity margins (21%) and needs no work to rent but for 10k more the market would support another 20k in equity and 20...
Hello! I am getting ready to close on my first investment property and came across having to purchase 2 types of insurance in order to close on my funding from a fix and flip Line of Credit product. The bank require...
I'm looking into buying an apartment building. I'm trying to come up with a good way to present a solid offer to the seller for seller financing that would would be favorable so it would be a very sweet deal for him t...
I’m a partner in a partnership that owns land. There are several other partners. The partnership is selling a piece of land. Can I do a 1031 exchange with my my share of the proceeds? Other partners will just take the...
Hello BP Bankers, Lenders & Brokers!I am seeking guidance (and possibly funding) for a very unique opportunity in an undervalued condo community in Lithonia, GA. Normally I wouldn't be interested in this but I am ...
I am looking at purchasing a home on the lake in Lake Ozark, MO- From what I see it is zoned as R-1 and that nightly rentals are prohibited. However, it is and has been a nightly rental for years on Airbnb- I called t...
Property is in Charlotte, NC. The lease states that the tenant is responsible for landscaping and lawn maintenance. There are no additional details what landscaping and lawn maintenance includes. The tree next to the ...
Hello BP Peeps,Can someone please clarify, if REO Properties mean the bank has removed all Liens and/or money due on the property?Or does it simply mean the property did not sell at auction and the bank still owns th...
I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my propert...
Recently on the podcast I’ve noticed David advocating pretty strongly for growing markets: Austin, California, Denver etc and being more bearish on cash flowing markets: Cleveland, Detroit. Most recently he spoke of...