Latoya T.
How to complete a major repair and purchase within the same year
Happy Wednesday The Issues are 1) I have a a major repair to pay for of 50k. 2) I want to buy a 4-door and 3)I want both to be accomplished this year. I am not sure of the order in which to accomplish this or the best...
Michael Hoover
Have 14- "5yr ARM loans" with local Bank - Can I still apply for Fannie and Freddy?
I have 14 single family home loans spread between 2 local banks. Each of these are 5yr ARM(amortized at 15 or 20yr). Is it possible for me to still acquire Fannie and Freddie style loans or does the 10 cap still...
Priyank Singh
How to get lien waiver from GC by paying full
Hi All, We are doing a home remodeling project, and our GC has done a poor job. When we called it out, he became rude and stopped responding to our message. I hired someone else to work on the project, and I am okay w...
Taylor McClung
LLC options for California?
Hello BP,Has anyone had experience with setting up cost-effective LLCs in California? I have two multi-family properties (4+2) that have appreciated to the point where I'm concerned someone might sue me one day and g...
Gissella Irazabal
HELOC vs Loan Investor Advise
Hi guys, we need your opinion please, which will be the best option?Buy 3 single family homes ( around $40k-$50k each) and then do a HELOC to get 3 more houses and continue with the snow ball effect.Or ask to a invest...
John Gach
Shop with rental space?
I have a heating and cooling business and I’m currently saving for a shop or warehouse to buy for the business. I want to buy something that has an area that can be rented out. I’m trying to plan ahead and figure ou...
Robert Fournier
Wholesaling Lease Options
I am new to REI and am interested in wholesaling lease options. A couple of questions I have is:1. Why would the seller agree to a lease with option to purchase when the seller is still going to have the debt in ther...
Tim Morris
Structuring a lease option for Apt. Bldg
So i have been working of this deal for a little while. I have talked to the seller a few times. He has a 12 unit apt. bldg. that rents for 425 a month. Each apt. is 1 bed 1 bath, and is almost always 100% occupanc...
Andrew Brown
What happens when appraisal comes back below agreed-upon price?
My family has decided to sell my grandmother's house and we are trying to do so via a FSBO. They put me in charge of running ads and prescreening the responses. I put something to the effect of "seller financing/lea...
Dan Bosak
Call Center for Tenant Maintenance & Emergency Calls
I am looking into some options to handle tenant maintenance and especially emergency calls. I have just over 100 units now and want to create a reliable and scale-able system for these calls (and emails and texts). ...