Ryan Landis
Conventional Loan with Seller Carrying a 2nd?
I came across a property that is FSBO and the seller is willing to carry. I want to know how I can structure the deal to put the least amount down while also using conventional bank financing (strong credit, steady W2...
Josh L.
Fixture- Who gets to keep what?
In my rental, there's this open loft /room that used to look like this:Tenants in the past used that space as another bedroom even though its small and didn't have any closets. But, the biggest hurdle to using it as a...
Nick Schroeder
Vehicle in Garage that we are closing on in 2 weeks
Good evening BP followers.We are closing on a property in about 2 weeks. The owner had passed away about a year ago and family members are now selling the property.In the Garage is a vehicle that belongs to the bank. ...
Nathan Christensen
Newbie question, please help
I have seen many examples of 'cash flow analysis' Rental Income minus expenses, mortgage payments, and expected vacancy rate (let me know if I'm leaving something out). However I would believe that the rental income i...
Kyle M.
Deal Found - Need Advice
So I have posted here before, but due to unforeseen circumstances my dive into real estate has been delayed. I am still a complete novice and looking to seal my first deal.
Currently am 25 who lives in an ap...
Kathlyn Lewis
End of Delayed Possession Agreement Procedures
Hi all!
Hoping to impose on your great cache of knowledge once again.
My husband and I purchased a property in February with a large garage. We agreed at the time of closing to a Delayed Possession Agr...
Alex L. Goodman
First time investor and choosing lender
I am currently looking for my first investment property and hopeful I can get some helpful pointers to make sure this is as seamless as possible for my first investment.
I just purchased my personal property in Marc...
Stan C.
What coverage is a MUST? What's unnecessary?
I'm shopping around for insurance for my first duplex. I won't have a LLC for now, no umbrella coverage either. What are recommended values of: - Liability protection? - Medical Payments? - Loss of Rent (what perio...
Phillip M.
No LLC - mortgage payment fine print
hey so - I turned my first SFH into a rental.. I'm not making leaps and bounds of money off it by any means but it's a start!my question is - i'm going to be opening a business account to try to keep all funds separat...
Ryan K.
HELP! - Lease Rules atrocious, or air-tight? YOUR opinion needed!
Hi Everyone!I need some Lease opinions from established investors. I'm new to the game and am having a difficult time crafting the "Rules" to my Lease. I just bought my 1st property (a triplex), which is in the state ...