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I'm interested in involving a couple of family members as investors in my next fip. I think the best way will be to borrow the money and pay them interest monthly like a hard money loan. So, they put 100,000 in at 10%...
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I happen to live next door to horrible tenants. Ive battled them with the cops for a couple years. Their landlord is a national co that refused to respond when i requested a phone call from them. Also their fend lies ...
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Greetings to all.I am interested in mortgage note investing and have no real knowledge in it. I am hoping that I can get all I need to know about mortgage note investing in our BP community.What are the background res...
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Hello. We purchased our first duplex on January 1st. We let the inherited tenants know of the change of ownership and gave them a formal notice to vacate. Our plan is to live in one side and update the other side befo...
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OK, can someone out there explain what is meant when someone acquires a property " subject to..." ? Subject to WHAT ?
I believe this means subject to existing financing, but I'm not sure. If so, how do you avoid the...
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Hey BP members. Would appreciate some insight here. I have the ability to buy a 2-3 bedroom home where I live in Phoenix AZ. I have a few friends that would want to be my roommates and pay a fair, market rental rate f...
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I am waiting to close on a fourplex and need some advice on how to introduce myself as the new landlord. This is an FHA where I will owner occupy one unit and already have three tenants currently residing there. Some ...
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Hey BP, I recently came across this site when I was doing a search on seminars in my area. It's called New York Real Estate Institute. Is any here familiar with them ?. I added the link ...
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How do you finance Buy and Hold real estate under $85,000.00? What If I am able to get them tenants stabilize, will they lend for me to renovate them? I've used hard money for larger flips, but for stuff that makes se...
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Hi! First post here. Story time!So I am in the process of finding my "House Hack". Found a Duplex (no hoa!), made a deal, signed some docs, found an attorney, and 7 days later the Seller's attorney vetoed the deal. So...