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We are looking for a multifamily property to buy. I know that 2-4 doors is considered a personal mortgage and five plus is commercial. My question is about criteria to qualify for a commercial loan. What are the stan...
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I was contacted by a representative from a rehab agency for recovering,non-violent, drug/alcohol abusers. I don't feel comfortable with the situation, new tenants every 6 months, 4 adults sharing the apartment, etc. I...
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Hi BP,
As
rookie landlords, we've recently listed our first unit for rent @ $850 per month - an upper 1bed/1bath apt in a duplex that we owner occupy & currently live in the lower unit. We're hoping to get so...
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I was presented with an opportunity to buy 6 single family rentals (all in the same location, but out of state for me) as a portfolio. Each had been purchased and renovated to rental quality by the same owner 5 years ...
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I am going under contract on my first rental property - a SFR in central Florida. My partner and I got a reference for this managment company and they sent over their contract for us to sign. I was wondering if any...
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Hey everyone, apologies if this has already been answered somewhere on the site. I did a couple quick searches and nothing jumped out at me...I'm a newbie and haven't done a deal yet. I'll be using my HELOC for a down...
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Who do you guys use to verify the contractor work when rehabbing a project out of state? The contractor himself? Agent? Property manager? Any insight would be much appreciated.
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I hold my investment properties within an LLC, which on paper, after all deductions, should take a loss each year (or close to it). I obviously can‘t give 10% of my profits.I’m curious what formula/standards others ar...
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Hey BP Family is there any Real Estate Attorney here in Columbus Ohio?
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Hey guys!Long story short, I am preparing to list my first investment property for rent within the next month, and I have come upon a scenario that I cannot confidently find a solution too. Again, this is simply hypot...