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Are any of you using revokable trusts to get your shorts done? I've heard of a few investors using them, but I'm not sure what the advantages and disadvantages are. With the FHA seasoning limits being lifted it seem...
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Considering making a 6 month loan to a flipper for a property that he wants to keep as rental (he will get long term financing later). I've been told one can't loan above 10% for a consumer loan unless it is done thro...
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Hello fellow BP-ers!
I just realized that my entire real estate investing strategy might need a touch up, depending on the answers to these questions...
Is a townhome (where you own both sides/units) co...
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Hi,Currently working on acquiring a R-3 lot with an existing single family home. Lot is not under the Ellis Act.Our intent is to tear down and build apartments.What are procedures or rules for evicting existing tenant...
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I have a property management company out of Fort Worth, TX that is almost worthless. I'm going to manage the property long distance, but my concern is wrestling the tenants deposit back. I'm going to send a certifie...
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I recently sent an email to another investor explaining the off the cuff tenant rating system residential real estate investors tend to use. I wanted to double check my definitions based on your experience, and thus I...
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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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I own several long-term rental homes in MD and have been doing some research into trying a STR. I have been looking in the Tampa, Savannah, Charleston area, doing my own research and working with a local realtor. I ha...
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We are looking to build a portfolio but don't quite have the resources to pay cash and/or finance another property this close to our last deal. Is seller financing a good idea to pick up a foreclosure in a location w...
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Hey guys,
we purchased a 4-plex a year ago, however the tenants did not sign a lease with us rather than they stayed on a month-to-month basis.
Since the CA law is very strict about smoke alarms, we just installed new...