George Gipson III
Brrrr Strategy Confused at Refinance part
Ok I am purchasing a dulpex for $60,000 it was listed for $75000 and rents for $600 each side. So do I need private lender or a conventional lender like credit union for my initial purchase of $60,000. With a regular ...
Kevin O'Brien
Refinancing a cash purchase
Hi all,I’m looking to BRRRR a property in central IL using a heloc to purchase for “cash”. When the work is done, is there still a seasoning period before I can finance the property to pull my cash out?
Brandon Sturgill
What are the Top Questions to Ask When Offering on a Multifamily?
I want to begin underwriting commercial properties and have a good prospect in a 8-unit. The only information I have is limited MLS and county information. I would like to ask the seller for some more information. Wha...
Tim Phillips
Application fee amount limit? And form stating nonrefundable?
Hello,Just purchased my first small 6 unit apartment in Ohio, I have 1 vacant unit that I am looking to start showing but I read at somewhere there is a limit to the amount you can charge a tenant on an application fe...
Tyler Weinrich
Wholesaling a portfolio
I came across a landlord that is looking to retire soon and is interested in selling their portfolio. This would be 28 SFH's in A-B areas. Rents are at or slightly below market rents. Homes have been well-maintained.....
Summer Noyes
New Green Card - Background Check
Hello All,
So we did it! We finally became REI and have our first rental. Showed it to the first couple, who we actually liked. They went to fill out the online application via Cozy, and of course a snaffu. The gentl...
Freddy Morgan
No Cash Out refi options due to Covid?
Over the last few days, a couple of local banks told me they "are not currently offering cash-out refinancing on investment properties due to Covid impact concerns". Have any of you heard anything similar?
Very new t...
Stephen Jones
Help me analyze this deal- 30 unit Apt Complex
I have a 30 unit apartment complex deal on the table, and I was hoping to get some feedback from my fellow BP members on whether this deal shakes out or not... Here are the details- Consists of two old buildings, extr...
Gavin Eddy
Changing the physical address
Has anyone changed the physical address of a house to another street? I have a house that has a huge drive way and both ends of the drive way are on another street then the houses address. The house has two front door...
Ardranae Byer
Tax Foreclosure Judgements
Hi,
I have a property under contract with the seller. I am wholesaling it to another investor. The title search came up clean but has a small mortgage that will be satisfied by the seller at closing. While securing t...