I found a piece of rental property with a tenant already in place. It appraised at 120K I have a contract for 82K. I'm putting 42K down on the property. The bank wants to give me a loan on the 40K. 6.5 % with a balloo...

Hello BP community, quick question.  I own a three unit property that I paid for in cash, two of the units were gutted and rehabbed in 2014 and  I'm currently in the process of doing a renovation on the third unit tha...

Quick back story: I am helping a client find a new lease. Their current building is not renewing leases for whatever reason and so now my client who just gained citizenship last year and his wife, a victim of identity...

I am looking for the best option to rehab a home I recently inherited to turn it into rental property.  The home is completely paid off but in terrible condition and will need to be completely renovated.  It was appra...

I saw a lender's Cash-out refinance and their financing deals were 80%LTV minimum credit score 580 Loan amounts from $25K-2.5milliResidential up to 4 units and Intrest rates from 7-13% depending on your credit. Is thi...

this is the follow up post for all those interested. Original post is here. https://www.biggerpockets.com/forums/67/topics/315...- @Jason James,  @Jared Yates, @Joseph King @Kevin Nalley @Bryan C.@Robert Guilfoyle Pur...

I'm in the process of buying my first property and plan on house hacking by renting out the extra rooms. Can anyone point me in the right direction? I want to make this as legitimate as possible. I'm looking for recom...

I am under contract on a duplex that I will owner occupy for 5% down. We are in inspection negations and have agreed to a seller credit of $7,500 for tuck pointing work (max 3% of purchase price). However the seller d...

A month ago I listened to a BP podcast where the sponsor was Padhawk, an online aggregating service that allows you to access MLS listings from all over the country, among other things. They were offering a free 1 mon...

What forms of rent payment do you accept? What is the most common method used by your tenants? (cash, personal check, e-check, autopay, credit card, cashiers check, etc.)