David Paul
Mortgage Advice for the Self Employed
I got a friend trying to buy a new property for him and his family. He's in sales and runs his own company. The house that he's wanting to buy is about 500k. FHA would work but the limit is too low for the house they ...
Nathan Williams
sliding scale credit requirements in California
Is it legal to have a sliding scale credit score requirement that is dependent on the tenants out of pocket if you are accepting section 8? For example if full rent is $1600, your min score is 625 but if your out of ...
Wyatt Witkowski
First time buyer trying to setup an LLC !
Hello everyone, I am a first time home buyer looking to invest while in college. The great news is I secured a private loan and got an “cash” offer accepted! However, I would like to purchase it under an LLC business ...
Jagan Reddy
Cat urine challenge
Hello multi family investor gurusCat urine damages property very very bad. I have had multiple incidents ruining my units. It demanded to replace full flooring, scrape walls and repaint costing entire year worth of re...
Jess Lee
Wisconsin foreclosure effect Indiana home & other ?'s
We finally got a letter on Sat from a lawyer for the mortgage company saying that we have 30 days to make up payments on our home in Wisconsin. We will not be doing this so we know we will be losing the home.
Our qu...
Nick Furukawa
Forming My First LLC
I am looking to purchase my first investment property this summer in Indiana and I am currently looking into forming my LLC in the coming weeks so I can get my business bank account set up and start tracking tax deduc...
Demelza Hays
Tried to refinance an rental - credit union said only 15-year
Tried to refinance a rental I have like the BRRRR model, and credit union said they only do 15 year mortgages on investment properties. How did y'all get 30-year mortgages on your investment property refis?
John D.
NJ New Jersey lease agreement question
I'm curious what the BP community that rents to tenants in NJ feels are absolute MUST HAVES in any lease agreement they draft.
Casey S.
1031 exchange agent?
Im hearing that I have to use a 1031 exchange agent to handle the money inbetween sale and purchase of the next property. Im hearing $1k+ to handle the process. I'm in TX. Does anyone know anything about this and is i...
Danny Sharp
Pre foreclosure step by step.
Can anyone help me understand the process on buying ore foreclosures? I understand what they are, but let’s say I talk to the seller and set up an appointment with them. We talk about the home and agree on a cash offe...