Mike Spero
In ground pool or club house
We just bought a new build from the builder and we want to put in a in ground fiberglass pool, the bids are around $50k to $60k, this subdivision has new homes and older homes, subdivision sold their clubhouse, 500 sq...
Greg Raymer
Should You Use A Contractor To Rehab a Flip?
Using a contractor to rehab a flip can be a good idea for several reasons:
Experience and expertise: Contractors have experience and expertise in construction and renovation, and they know how to get the work done qu...
Marc Shin
Tenant occupied properties
I’m thinking about putting in an offer on a duplex. Both units are currently occupied with leases expiring in Dec 2024 and June 2025 respectively. In general should I try to stay away from tenant occupied units or i...
Grace Jordan
Executing Quit Claim Deed On Virginia Property. Each Party in NY
How does one execute a Quit Claim Deed on a Virginia property when both Parties reside in New York? Please be as specific as you can. The parties involved have extremely limited financial resources and are looking to...
Taylor Johnson
Duplex Under Contract, Now What?
I just got an apartment style duplex under contract two hours ago. I have a 10-day inspection period and want to take full advantage of that time. What due diligence do you do you recommend for investment properties? ...
Dimitris Kontonikolas
Gas gone and replaced with smallest boiler/fixed rent
Hey,So in our apartment we had gas supply that would provide us with hot water all day round.The owner decided to take out the gas supply and so he replaced the radiators and the boiler for the water with electric one...
Alma Mills
How do record a 2nd mortgage - Los Angeles County
We are offering a 2nd mortgage to private lenders on our investment property in the city of Los Angeles for our remodel costs. Does anyone know the process for recording that? I was told it is done on the county lev...
Jay Eubank
Private Money Loan: How to Present?
Hey BP,
I'm Jay, a Real Estate Investor in Las Vegas, Nevada. I'm looking to borrow 100,000 from my great grandma to do a BRRRR deal. I'm not sure where to start with the contract. I want to make the terms of it sim...
Collin Holdread
203k Rehab Loan Lenders
Hello BP, Has anyone done a 203k loan with Guild Mortgage? We are looking to take down our second property here in Denver, a duplex in Arvada, and it is going to need major repairs. Not looking to do a conventional re...
Jerry Padilla
CALCULATING DEBT TO INCOME RATIO
This can be tricky to figure out especially if you currently have rental property and write off a lot on your taxes.
One great question to ask your lender is what is their debt to income allowance for a conve...