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Here are Guidelines for Getting Approved for Financing. I hope you find this helpful, as I get many questions on Foreign Investors and Getting Approved For Conventional Financing. NON-U.S. CITIZENS Social Security Nu...
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Hello good folks of BP,My wife and I will be closing on our first owner-occupied rental property (duplex) in May 2019 and I'm trying to do as much up front leg work as possible to prepare for us being new landlords. ...
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What if tenant signs lease, the lease says first month’s rent is due at signing, and tenant ends up paying at the last minute, or does not pay at all?
Let’s say the wording on the lease says “First month’s Monthly Re...
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Hi- I'm completely new to the real estate investment world, and would graciously appreciation any guidance and advices from the gurus on this platform. I'm currently a resident in NYC. Because property here is just to...
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Hi All,My name is Ryan Haines. I am 23 years old and recently graduated from Texas A&M in May of 2015. I am currently living in Houston, TX and working for a small software company in The Woodlands, TX. My commute...
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I'm moving forward on purchasing a duplex. But I want to know some of your opinions.Here is the break down from my agent. San Diego, california.Purchase price: $328,000 (this includes my closing costs as well!)Mortgag...
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Hi everyone, I was wondering if anyone had an automatic payment system setup with their tenants to receive monthly rent payments automatically. This way you don’t have to physically pick up rent or wait for them to m...
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I've partnered with my mentor to purchase my first NPN. The purchase is now complete. It is a first position note. I'm very satisfied that the purchase price of the note is around 40% of the current fair market va...
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I want to move forward with setting up a seller financed deal, but am unsure on how to approach and how to structure the deal.
I’ve heard of two structures and want to know if there are any others that anyone has ...
Hi BP veterans,
My buddy and I were fortunate enough and bought a couple of handful properties in the San Francisco Bay Area in the recent years. Since they have appreciated substantially, we're thinking of 1031 som...