I am a little confused on this, so i am wondering if anyone has seen this before. The notice of sale is out on a home I am interested in. From reading the BK filings, I am pretty sure there is only a first mortgage...
I recently listed my 2 bedroom + office apartment unit on Zillow and Cozy. My wife and I live upstairs so we'd like to get the best possible tenant downstairs. A woman responded to my pre-screening email very quickly ...
I know paying off mortgages is covered many times on this forum, but all the OP's seem to have a different reason for posting. I've had both my 2 family and personal home since 03. We are able to pay off one and eve...
I have a duplex that I am house hacking and just got the other side filled. I have received the first rent check from my PM after their management fee. It is $850. I do not yet have an LLC set up for the property and ...
I own a 2-fam property in Brighton, MA that has some extra land that can be developed. Both units are rented and cash flowing. I'm going to be working with a developer I know who has a lot of experience to go through ...
I have been shopping investment properties and found a few good deals in different states. My question is, will I have trouble getting loans for these deals at the same time? I have enough money for both down payme...
How do you define cash flow? Rent less PIMI, OR, Rent less PIMI and what else. Trying to make sure I do future deals right. Any views will be appreciated.
HiI currently own two short-term rentals and I am looking to scale in the near future. Both were financed with conventional mortgages. However, when I was getting my last mortgage, my lender told me he probably would...
Hi BP, I'm currently structuring a deal which I need to present to my seller tomorrow. Essentially, my seller is willing to do some owner financing in addition to the FHA loan. I will obviously disclose everything to ...
Hello BP Community, it's been awhile since I've last posted or have had downtime lately. Over the last several years I've been in a heavy cycle of acquiring and building rental portfolio, flipping, contracting, and be...