Chavis Atkins
Release of Mortgage, what does this mean for homeowner and investor
Ok, so here we go. I have been running into for the past year homes I find vacant/abandoned, know home is a good rehab project, find out who the owner is (assessors site) plus viewed treasurer site to see who is "payi...
Michaela G.
How is seasoning seen with assembly, for commercial loan?
Ok, so I own 4 properties, each holding 1 duplex. This is part of a 1-acre tract, that holds a total of 8 duplexes. I now have a partner, that's been working on picking up the other 4 one at a time, so, that we contro...
Pat Saunders
203k agent
Hey BP, I am a first time investor recently prequalified for a 203K loan. I am looking to build my team and am asking if anyone can recommend an investor friendly 203K knowledgeable agent to help me purchase a duplex ...
Larry Bowers
Personal guarantees; worth the paper they are printed on?
If I have a borrower sign a personal guarantee on a loan that is unsecured by property, let's say $300K, and he doesn't pay after a while, of course I can't foreclose. There is no security. But as for the personal gua...
Raj Pat
OFF MARKET WHOLE SALE DEAL IN EAST BAY CALIFORNIA FIX N' FLIP OR BUY N HOLD (7DAY CLOSE)
Hi All,We have a 5 Bed, 2 Bath, 1900+ Sq FT Home in a desirable location of Hayward. There is virtually no inventory in this area and, when something does come available, it's gone very quickly. I am offering to se...
Michael Medeiros
Purchasing in new investment area (Newport, RI)
Currently purchasing a new investment property in Newport, RI.
Looking for recommendations on possible team members... attorney, appraiser, etc...
Sammy Patel
Analysis needed
We are looking at a 3 bedroom 2 bath condo, short sale in northern Virginia. The current price is $220,000. Needs around $7000 worth of cleanup. Rent is approx. $1750, HOA is $307, annual Taxes is $2794. Looking to pu...
Harrison Liggett
Keeping track of vacant units!
Hey BP! An issue that I am currently working on right now is keeping track of the heat in my vacant rentals (25+ units at any given time). Particularly with the weather getting colder and colder here in PA we need to ...
Akiem Jones
Forwarding Address Search
Hey BP Community!I closed on my first duplex a couple weeks ago and as part of our closing agreement the sellers had to get the previous tenants out before closing. That all went well but come to find out the tenants ...
Alex Chennault
HELOC soon after purchase with FHA 203k loan - is it possible?
I'm considering making a fixer upper home purchase using an FHA 203k loan type to leverage a 3.5% downpayment. The rough details are:
• Purchase price: $320,000• Close date: 5/30/22• Est. reno costs: $105,000• Reno c...