in process of purchasing a new construction home. will be closing in 6 mo. we bought it as primary home. but change in plans. now want to close it as a rental/investment property. can the builder or builder's mortgage...
I acquired my first 4-unit complex a year after I graduated college and I recently closed on a 3-unit apartment complex, both of which I was able to purchase with my own money. I would like to pick up more, but would ...
Lease Purchase Example- $100K Home w/ 10% down.I'd like to work close witht lenders and have them refer me there "top reject" prospects. Ones that have the financial credibility, but are just short on their credit sco...
Hello BP,I am currently looking at trying to buy a duplex to try out the renting game and see how it goes. Currently in my area duplexes are way overpriced. Instead I am look a few hours away from where I live at ar...
I've put together a partnership agreement and presented it to my potential partner. It's structured so I am the managing partner, and they're the financial partner. They are responsible for the downpayment, closing co...
Hey BP family,I have an interesting question for you all that I am hoping to get some clarity on.I am an agent and a new investor. I am moving across the country in a couple weeks due to some family issues. As we have...
I've seen some distressed properties in my farm areas of DFW that have RE agents assigned to them. Would it be ethically wrong for me to have my own RE agent look into the property, help let me in, and help me make o...
I've got a quad under contract. All units are currently leased. One of the tenants is the seller's daughter, and she was given a rental rate $100 less than market to "keep an eye on the place." I've met her, and her f...
Considering the extreme hardships I have heard from owners concerning evictions in the Chicago area my wife has presented a question.
Instead of having tenants sign a lease, which gives a binding contract. Would it ...
Hi All,This may seem like a strange question but at the moment I am a renter not an investor so maybe it will make sense.I'm likely to rent a property from an out of town landlord. He offered to forgo a property manag...