Danny Duran
Screening a tenant undergoing a short sale
BP'ers--a prospective tenant who is undergoing a short sale on their home wishes to apply to rent one of my units. As their credit has been damaged by the short sale, they have offered what they claim is a qualified c...
Robert Steele
Where have all the houses for sale gone?
Real estate expert Fabian Calvo says there’s more to the story about rising prices in the housing market than what’s reported by the mainstream media. Calvo charges, “There’s a tremendous amount of manipulation . . ....
Andrew Neel
Looking for advice on financing a low-cost rental in the Midwest.
Long time listener, first time poster. I have a scenario here that I feel like the lending industry (and possibly also myself) is making harder than it needs to me. Tri-plex in the midwest:Older house, dated, but well...
Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...
Will Fraser
LPO in a submarket of Oklahoma City
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $195,000
Cash invested: $41,000
Contributors:
Alejandro Siguere,
Hugo Urbina
This home is pa...
Rashad Nelson
Atlanta - Good Re-Finance Bank or Lender
Does anyone know of a good, cash-out re-finance lender, whether they're a local community bank in Atlanta or other type of soft money lender? Here's what I'm looking for:$50K minimum loan amount30-day seasoning requi...
Bruno Nunes
My lender no longer offers the products I need
Hello my fellow BP community,Ive been waiting for several months for a short sale approval to purchase an off market 3 unit investment property that is priced significantly under market value. I had a couple lenders ...
Eric W.
New Member in Portland, OR
Hello,
I am a new member of BP with a good deal of experience in real estate (not sure how I've managed to never join BP before...)
I was previously a property manager for 125 high end units in the Hollywood area of...
Scott Gordon
Creative Funding Options
Hi All!I am currently looking for my first investment property. I’d love to hear some of your ideas for creative funding options. I have a 6 month personal emergency fund and a nice sized retirement portfolio, but sin...
Bill C
BK, Inheiritance and 640--Radioactive
Ready for this one? :D I'll try to make this as short as possible, but not leave key items out.
A couple of years ago, we filed chapter 7, in October 2005. That was embarrasing enough. A month later, my father ...