Tyler Madden
My first home, turned rental
Investment Info:Single-family residence buy & hold investment in Englewood.
Purchase price: $215,000 Cash invested: $50,000Mine and my wife's first house purchase, was our primary for 4.5 years. Spent thos...
Eric Jones
Tenant Frequently Late But Pays Late Fees - What to Do?
I've had a tenant now for about 4 years and they are all around good tenants and good people. They have really made the house their home and will likely stay for years to come... The issue is they are late on rent... ...
Michael Tucker
Any reputable private or hard money lenders service Africa?
I have a friend who is from Ghana and she explained that their market is cash based, with minimal financing/mortgages and large down and monthly cash payments. With all the interest in investing in African Nations, Gh...
Dave S.
Bridging between tenants
Is it kosher to place in a Lease Option contract that the seller is responsible for any mortgage payments when the building is not tenant occupied? I heard that some people do this before the 1st tenant moves in but f...
Matt Tyykila
New member from San Antonio, TX
As a newcomer to BP I'd welcome advice on real estate investing in multi-family housing with minimal out of pocket funding.
Christian Podedworny
Bank financing blended with Owner finance on 20 unit ?
I made a post about purchasing 2 quadplexes earlier with an owner financed down payment in second position and I have the same situation on a 20 unit complex. The seller is going to entertain owner financing (on d...
Drew Castleberry
Seller Financing - Need Help!
So here's the deal. House is listed FSBO @ $154,900. Built in 2001. It has 4 beds, 3.5 baths and 2,662 sq ft with a 2 car garage. Nothing fancy, typical house for the neighborhood with hardwoods, fireplace, etc. No up...
Jason Olson
Interest Only Seller Financing
Hey Everyone! I have the chance to buy 11 duplexes, and the seller will do seller financing with 50% down then interest only payments on the rest @7%. Rents are low and need to be raised with minimal repairs done. The...
Colt Price
Debt free or buy SFR?
Hi BP, I've got a personal question. My folks are giving us(my family) their big house in exchange for us building them a small living quarters. It'll cost $100k+/- to build. We have that saved in cash. Do we pay for ...
Sandra Quinn
Tenant not paying rent?
Dealing with a tenant who isn't paying rent can be stressful, but it's a challenge many landlords face. If you’re facing a situation of non-payment or late payment, start by communicating clearly with your tenant abou...