Lucien Pruszynski
Refinancing a rental in an LLC
Hello,
I've run into an issue for the first time in my career. My wife and I are 100% members of an LLC which owns a 3 unit rental property. We purchased the property 6 plus years ago with a loan that remained fixed ...
Justin Cara
triple net in NEED OF HELP !!!!!
I am looking to purchase a triple net property with a lease term worth more than the property itself. I am 23 and fairly poor. My father is worth roughly around 200 million. He wants me to make it on my own. I would l...
Bernard Chouinard
Wholesale from Hubzu?
So I'm itching to get my first deal in. Decided to place bids on Hubzu which I won and signed P&A for. Great deal but as a newbie I guess it spooked me a bit. Can I wholesale a deal from Hubzu? I figured instea...
Herm M.
Freddie-Fannie approving the short sale...
Let's say the lender has an offer at full BPO price, and they are willing to accept that price.
What are the chances that the investor (Freddie, Fannie, etc.) may turn down the offer? It should be really slim, right?
David Cole
How to deal with tenant moving in one month
A rental condo of mine is currently vacant. I have just found a well-qualified tenant. In my market I've found that the holidays (generally late November to the end of January... perhaps longer if winter weather is ...
Account Closed
Auctions and Pre-foreclosures. When is it too late?
When is it too late to get a pre-foreclosure deal? If bank scheduled an auction, can you still get the deal? Or is it too late
Chris Bisaillon
To take a Security payment several weeks b4 moving in?
I have a potential tenant looking to give me the security deposit several weeks b4 moving in. Basically a deposit to hold. Makes enough income and application looks good. Just curious if anyone has done this before? T...
Chad D.
Multifamily Water/Sewer/Trash Pricing in Wilmington, DE
Hello all,I'm looking to invest in a multifamily property (2-4 units) in New Castle County, Delaware, that requires, at most, cosmetic repairs. Specifically, for my first property, I wish to invest in Wilmington. I've...
Miles Clark
Purchasing Property Management Company
I’m currently interested in buying a property management company in California.(Partnership with a Broker)I have a meeting with the current owner set up and I am curious on questions I should ask.Currently they have 1...
Kishen Raghunath
Living in a property short-term to rent long term
Hello BP community —My wife and I currently live in Houston, but need to move to Lake Charles, LA for a short term (9 months - 1 year) job. We're contemplating buying a home in Lake Charles to live in for the time we ...