Andres Rivero
First time I purchase a property with a tenant...I have questions
Hello BP friends,So, I found a good deal and I am about to purchase a property with a tenant in place. I am concerned with the lease that is in place. I haven't seen it yet. The house looks good and the tenant seems t...
Yocheved Beer
Is there an response to this concern on a subject to purchase
Hi all,
I made an offer on a house subject to and it got rejected because the seller is nervous that if i dont pay then they will get foreclosed on.
Is there something called a performance deed that would deed the p...
Kat Hudson
When apartments do credit checks are they soft or hard inquiries?
I've asked one apartment I'm interested in and they said they didn't know, that they used a program called Resident Check. I know hard inquiries drop your credit score. Do most apartments use third parties to screen a...
Hament Raju Mahajan
Note hypothication - borrow with secured note as a collateral
I am looking for attorney reference who could help us put the paperwork for note hypothication.
I would like to pledge the secured performing note on which I am the beneficiary/ lender to borrow fu...
John Rovin
Newbie Question on title
Hi I am researching a property which is listed at foreclosure auction. This is very basic question please ignore my ignorance.It is foreclosed by lets say ABC Bank with $100,000 principal original deed date: 1/1/1999....
Giovanni Luggo
INFO on transactional funding
I have a deal i am looking to do a double close on. I have a private guy who i know who is willing to let me use the money and i am paying him back 2% of the loan amount. He is hesitant to let me use the money for the...
Curt Bixel
STR contract language - is this normally included
I am considering putting a duplex under management by a short
term rental company. The contract they sent me contains the following
clause:
b)
Indemnify, defend, and hold harmless the Agent, and all persons in...
Conor Funk
First Deal/Live-In Flip
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $302,500
This is my primary home and first RE investment. Specifically, this is a live-in flip situation where I'm perf...
Alan Bostick
PML wants to sell performing note
If a PML wants to sell a single performing note should they just take it to a local bank and offer it for sale? Are there websites they should use for this kind of sale? How long after the note is tendered should the...
Quincy Baker
Funding First Airbnb Property
AirbnbIs it possible or practice to fund an Airbnb property using Hard money lending? If so, what do example terms and process/timeline, loan payback typically look like? As some of you know, I’m new to the REI busine...