I've heard some chatter (here on BP and other places) about potential issues with land contracts and how they've been ruled as circumventing foreclosure. Can anyone cite and references for this?
Hey Friends, I have a 450k loan on my primary residence (currently at 3.5% for 30 years fixed). I can get 2.625℅ for 7/1 ARM. Zero closing cost. More options:- If I pay 1000 dollars in closing then rate becomes 2.5℅- ...
I am underwriting an apartment in Galveston County. No wonder the sellers want to sell. Their property is a C class, Highest 2/2 rent $1150 mo. Last renovation done to the properties exterior, my guess 10-12 years a...
We will be doing an Airbnb from out of state. We have a house that we'll rent the upstairs and downstairs separately with their own access, and the entire house as a third option. The door lock vendors on Airbnb's we...
Okay so this is where I’m at. I’ve been looking for a few months now for my first flip, all the properties I found that had potential where scooped up quickly so when I see something that has sit on the market for a w...
In searching for financing options that set me up to purchase a PR to rent later OR purchase a REI later, 2 viable options right now are:-0% down, with no PMI, but with fees of 1.75%, 1% and normal closing costs-FHA 3...
3/1.5 house, which could be a 4/2 with a basement bedroom added. Between the purchase and renovations, I'm looking at about $35k in, with 10 - 11% CoC return. A lot of work, but not bad.My question is, how do I free u...
I have seen this question come up many times for the affordable end. I am currently using Smartbnb. I am looking at the bigger software packages such as Hostawy, Kigo, Streamline, or VRM because I am scaling and need ...
Hello Everyone,I think it's time for a change.I really want to keep my post on topic. If you have questions or want to debate CAP rates, cash on cash, etc. please shoot me a message and we can go from there.A little h...
A few years ago if a tenant owed you rent or damaged your property you could enter the premises and “hold” certain items. It’s an old law I believe but was still could be used. It’s so old you couldn’t take their goat...