Jack Browning
Appraising a 4-Plex House Hack
Hello All,Last fall I took the plunge and purchased a 4-unit Multifamily in New Rochelle, NY. I was able to get a very competitive price from the seller, who had been promoted at work, and no longer had time to manage...
Mary Elizabeth C.
Frannie/Freddie SFH Owner Occupy Rules
How well enforced are the owner occupied preferences for Frannie and Freddie?
What is to stop someone from claiming they would move into the property then change their minds and rehab/rent for the 12 mo no sale peri...
Tom MacDonald
Does higher bid at tax auction decrease likelyhood of redemption?
A few questions about tax foreclosures that I'm hoping the BP community can help answer. I'll be bidding in Texas but I suspect these are general questions: If the minimum bid is $5000, does this mean that the homeo...
Sean M.
Recognising Time for Capitulation
Hi,I've got a number of notes, most of which are (so far) going reasonably well, however, I've got one that is just lagging the rest - it was a non-performing 2nd and the 1st has got in the way, making a short term fo...
Eduardo Beltran
Lease Option in Dallas/Fort Worth. Is it worth it?
Good morning,I’m new to the real estate world and am still learning a lot, but what really interested me in the Lease Option/Purchase strategy. I live in the Dallas/Fort Worth area, specifically in Arlington. A fast g...
Chris Anderson
Best tenant type / industry for commercial unit?
Looking at a multifamily property that also has a commercial unit on the ground floor. This is currently occupied by a restaurant. What are your thoughts and experiences on different industries for a ~1900 sqft commer...
Account Closed
Is there possibility of getting an Equity JV Partner?
I have the opportunity to purchase up to nine notes similar to this one immediately and would like to know the possibility of getting an equity JV money partner?
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Curran Quinlivan
Does breaking even on rent make sense
Good morning! I currently own a rental property in Minneapolis. Single family, 3br 2 bth. Our current tenant is leaving at the end of the their lease. I am told by our current management company we could increase ren...
Stephen Masek
California tax lien sale questions
Surely there are people here who know about property tax lien sales in California. What are the gottchas? Does the sale wipe out the mortgage(s)? How long does the owner have to redeem, opr can they? Thanks! I re...
Chance B.
Signing an Exclusivity Agreement.
Hey All, I am looking to purchase my first property (which will be residential), but the agent I am working with sent me over an Exclusivity Agreement. I am concerned because in the agreement it states that is the sel...