Brandon Glass
seeking info on loans for a balloon period
Hello all,
I am seeking advice and how to go about obtaining / which loans for an earlier balloon period or taking over 2 condos I have here in Champaign IL on contract. Just need help to decided which route to tak...
William Coet
Due Diligence Period. Locking a Seller into Contract
Is there a specific contract or language in a contract that can prevent the seller from backing out during due diligence?I want to make an offer on a piece of land contingent upon the approval of a project. Thank you
Adam Young
Texas seasoning period and Rental history for Refinancing
I'm currently setting up my LLC for my current rental property that is free and clear for 185,000. I'm looking to refinance and pull money out of my current rental.
1. I was informed prior to refinancing this proper...
Jonathan Barr
Will the government extend periods for 1031 exchanges?
I know its of the items National Association of realtors is asking of the government. They are powerful lobby group in Washington and I feel like they could have some sway. There is also revenue procedure 2007-56,...
Scott Winter
Lenders...what's the deal with the seasoning period?
So, I'm staring at David Greene's BRRRR book right now pg 232...Seasoning Period
"Many lenders don't want to finance something right after an investor buys it. This is because they want to make sure the property is ...
Tae C.
brrRr Seasoning Period - When Does It Actually Begin?
Hey everyone,I was just thinking about this the last couple days and unable to come to my own solid answer, so decided to ask all you wonderful experts out there. When it comes to the Refinance portion of BRRRR, I un...
Wilco Ravestijn
Periodic 2 month Lease vs 2 year lease
Let me start out with saying I know I should probably replace the tenant however, I'm curious about my short term options.We're 6 months in to a 2 year lease. He's paid late every month and always in 2 installments an...
Charlie Nelson
Creative rental ideas during interim period of purchasing
First post to BP! I move back to the states January of 2020 from my world travels. Any creative/inexpensive short term rental ideas (ie month-month rentals, airbnb) for me to live during my search to find an investm...
Henry Lazerow
HELOC lenders that do 10 year draw periods?
What are some HELOC lenders that do 10 year draw periods? Looking for a rate of prime +1.25 or lower. It is for an owner occupied 4 unit. Thank you for any referrals!
Rosston Smith
(15 DD Period) Termites, Theft, and Structural Damage!
Hey guys! So I currently have my first every property (Duplex) under contract. Currently on day 8/15 of the due diligence period so I don't have much time left. Asking price was $90,000, ended up getting under contrac...