Opportunity to purchase a portfolio of 5 neighboring residential properties. Is it possible to bundle them into a commercial loan? Or does each property require a unique mortgage? Seeking advice on options, both conve...
Hey BP, im starting out as a bird dog in NY a developer i know offers 15k or more if i locate deals for them and they close on it. Problem is im a little stuck on what to say to the distressed owners of the pre forclo...
We have an application from a potential tenant- a woman living with her adult special needs son.
She has 3.5x verified monthly income, 680 credit score, but no rental history, since she has been living in a house sh...
We are interested in making an offer on a HUD brick rancher (4/2) that needs only minor repairs. We plan to flip (or remote possibility, rent). We think that the numbers work for a good deal, BUT we discovered th...
I have a tenant who just signed on a month ago (in a Duplex) and has a small dog that barks all day long. My other tenant has been complaining that this dog constantly barks and keeps him up during the day as he wo...
Bloomberg just published a great article that I wanted to share with you all that is titled, ‘The Fed’s Secret Liquidity Lifelines.’ From August 2007 until April 2010, the Fed pumped $1.2 MM in bailout money to banks...
Here's my buying criteria for someone who wants to house hack:
1. Try to focus on properties that were built after 1960
The reason for this is because the foundation of the property is likely made from poured in c...
There is a property I am eyeballing that would require a fairly extensive remodel, but it is also big enough and laid out in a way that made me think it might be a good idea to convert it to a duplex. It might be abl...
Two years ago I purchased this beautiful three story 10 bedroom brick foursquare in the North End of Hagerstown, on a historic tree lined street (Oak Hill Ave). I purchased at 305k with a 60k down payment from the pro...
So I bought a full gut rehab, 4BR with the plan to move into.As an experiment, I put up pictures of what I'm designing the house to look like, with the dates open for when I thought it would be done (stupid I know)I w...