Tristan S.
Confused about the rules for refinancing after HML or private
Hi Guys,Currently working on a deal in Houston and looking at different financing options. I need someone to help me understand the rules and regulations around the refinancing process (into long term, conventional, f...
Esther Rivera
What to do with a Silent Partner
Hello, I currently own a well established restaurant and would like to open a second location. I want to buy the next location so that I could grow my business plus begin to invest in real estate. I currently do not h...
Jordan Blanton
Keep paid off property or do 1031
Tenant is moving out of paid off property in August. The property was purchased seven years ago for 56k in a C- neighborhood, which is now paid off and worth approximately 170k. Light renovation of the kitchen and sho...
Justin Shanholtzer
NNN Property 4.10% Cap Rate- Killer Location WOULD YOU BUY IT?
NNN Property in a killer location. Near Walmart, Starbucks, and chick fil a, location is buzzing with growth..... Prime Rate at the moment is 6.25% Cap Rate is 4.10%Numbers are obviously in the negative... We could pa...
Luis Rodriguez
How to handle a overqualified tenant ?
I currently have a prospective tenant who applied to live in the unit above us who is overqualified. They currently own in NJ and are planning to keep that home and rent it out. The husband makes $140K/year as a softw...
Chris Bennett
I would like some opinions on my situation.
I wanted to ask everyones opinion. I bought a 130k mp house when I was 25 in 2005 for a 115k, I did not buy this as a rental, but a place to live and fix up. Since then as everyone know the market tanked and came almo...
Junior Abraham
Brand new Houston duplexes
Over the last few days i have looked at 6 brand new duplexes that were not in the best houston neighborhoods. These include the greater OST/Yellow Stone, Sunnyside,lockwood,Third Ward and Fifth Ward areas. Properties ...
Clint G.
Foundation issues: Run for the hills or repair it?
I'm looking to invest in my first property. One SFH I liked today has some foundation issues. I'm not sure of the extent yet but I have a foundation company coming to quote it tomorrow. I don't have it under contract ...
Andy P.
Should I sell my L.A. home?
I am debating if I should sell my current home, realized strong growth in equity in the past 1.75 years of owning it, amounting to $230,000 - $380,000 (low sell / high sell - according to my thorough research). I woul...
Eugene Beard
Non-payment Water Bill taken out from rent! Atlanta, GA
Hello BP,I have a situation that im not sure exactly what to do in so I hope someone in my Norcross, Gwinnett county area can give me some guidance.Here's the story. Im not sure how to make this sorry short sorry in a...