Andrew Hogan
Yield Street Freezes All Accounts!
Just got off with an investor who was about to wire us money from Yieldstreet but his account with them is now frozen until further notice.
Apparently they use a third party to escrow all funds and that company has j...
Doug Spence
RCFE or ARF in the San Diego area!
I'm looking to connect with anyone who is doing or has done RCFE (Residential Care Facilities for the Elderly) or ARF (Adult Residential Care Facilities) in San Diego county. I'm considering doing this with our primar...
Andrey Y.
People are fleeing their Home State, are you?
Inspired by the recent "leaving CA" post, I wanted to get a general idea of where people live and where they plan on moving (if anywhere), and why. Hopefully this will help BP members get a broad sense of in and out m...
Jade Deguzman
Closing first vacation home mortgage - are these normal costs?
We're doing the disclosures now and I was quite surprised at the 2.469% of Loan Amount (points) Origination charge which brings the total Origination charges to $16,500 (Property cost is 645K, 10% down). Our lender sa...
Devon Daniels
Tax sale house is being sold in foreclosure
I bought a house during last years tax sale in ALABAMA that was owned by a mortgage/debt company. I took possession of it after I got the tax certificate and have paid this years taxes.I also sent the mortgage company...
Tyler Herman
Fix and Rent and DSCR loans Sub $100k Properties
Who is a hard money lender doing fix and rent and DSCR loans sub $100k? Would love if I could find someone willing to lend on $60k-$80k fixers and dscr out with an ARV of $90-120k. Can find these all day but most lend...
Heather O.
Anyone Charging Fees "As Rent"?
Interested in seeing your lease wording. Here the only way to collect any fees in court is really charging them as rent. Otherwise, fees are not enforceable.
Clay Manship
First Time Deal--How Much To Spend on Insurance?
Hey all-
Currently have my first deal under contract. It was taxed at $65,000, but purchased for $25,000. It is currently tenant occupied, and will be until June 2014.
I spoke with some insurance guys t...
Jorge Pongo
Contractor Ghosting? Need recommendations!
Hi All,
I'm writing to see if anyone else has had issues with non-responsive contractors in the last year. I'm in the Denver metro area, and I understand that it is a tough market and they get to pick and choose the...
Michael Guzik
Single Family or Multifamily..... where to start?
Hey guys and gals I'm 20 and have a good credit score and low income surprise surprise lol! I'm looking to get my first property and I don't know whether I should be looking at houses or 2-4 unit plex's. I would be us...