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I have interest in a multi family property that is made up of loft studio apartments, all roughly 550 sqft. My initial interest would be trying to rent them out as mid term/ short term rentals. My question is this, wo...
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I've done a lot of wraps and subtos and highly prefer the seller-finance strategy for a lot of reasons, including offering the opportunity of homeownership to those otherwise rejected by traditional banks. I want to c...
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Hello BP community,
I wanted to get some advice in skip tracing the owner (or decision maker) of a property I've had my eye on for a bit. Some background on the property - it's a large 5/3 in a nice, quiet neighbo...
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I've come across a property problem I'm hoping to help solve. Here's the rundown:Grandmother owns house (free and clear), her daughter lives in house as well with four children.Grandmother passes away, leaving behind ...
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I'm currently in the process of applying for a VA Home Loan, in New York City, and could potentially have up to $625,000.00 to spend on a multifamily home. I've been looking mainly in Brooklyn and the Bronx. The probl...
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Hi everyone, this may be (definitely is) a very strange question.... background: I'm a moderately experienced real estate investor (I own 9 single family homes and part of a mobile home park) I've come across a VERY u...
Hello SD folks,
I'm about to move out of my rental ADU ($1.5K/month) in the next month or two, because the property I'm living at was recently sold to another owner. Looking at the rental market, the rent is outrageo...
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Hi, I just received a quote for a 2 unit property I am acquiring in Baltimore and wanted to know what you guys thought about it. The quote is:deductible-1000.00dwelling - 170,000.00Other structure-17,000.00personal pr...
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I put this in the forclosure forum, but there is not much activity in there.
I don’t understand the foreclosure auctions. I have heard the company who holds the mortgage will bid on the property. What does this mea...
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Hi all,We recently purchased our first rental property. On a recent visit to take measurements for some other repairs I noticed the front door has a window pane (about 6x8" pane) broken. This was not broken when we pu...