Anyone ever heard of this? I do short sales & someone I recently met cash flows the properties while they are negotiating with the bank. They do a month to month lease or rental on the property during the negtiati...
I'm currently under contract for a turn-key investment property in Baltimore City that is valued at $129,900. I just received the documents from my lender showing total estimated closing costs of $12,400, making the e...
Hello BPer's:Anyone else out there tired of the annual insurance premiums increasing year after year, even with no claims ever? My rates jumped 25% on all my properties in just 1 year all with no claims! I have Erie I...
Hello Everyone and Happy New year!I am a young investor with a couple of buy and hold deals under my belt and just completed and sold my first rehab deal in Rhode Island. I made much, much less money than I had antici...
I have a seller willing to do seller financing. I let him know that if any time I miss a payment on his mortgage, he would have the right to take the house back, along with all of the equity I've paid down while I'...
Hello to all! Here is the scenario. A young couple (both 25) are relocating to my area and are interested in renting. The monthly rent is $2050/month. Their combined income is 90K. I did an in-person walkthrough, and ...
I have been a Building Official/Zoning Administrator for 20 plus years. If you have questions regarding code matters feel free to reach out. It may be another perspective you hadn't considered. Since becoming an in...
Question about refinancing a syndicated deal.Goal: I want to start syndicating self storage facilities. The long-term goal is to refinance the syndicated deals around the 5 year mark to pay back the principal invested...
I find myself judging the investment properties as if I were going to live there. Do I need to love it? Like it? Or Just make sure it's a good (sound) investment. I'm a newbie and I've been looking in good areas (sc...
Hi all, I have a situation that I am trying to avoid. If anyone has ever run into it before or knows how to avoid it your knowledge would be greatly appreciated.So my father-in -law and his former business partner ha...