I am 22 and just purchased my first rental property, a $390k Duplex right out of Philadelphia in Montgomery County. It will also be my primary residence for the next year or more. The seller purchased the property as...
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Our PM told us that one of our tenants said she has been slipping on the stairs. She asked if she should get a runner rug to put on the stairs, or if there's a better solution. The carpet is still fairly new, so it's ...
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What we are looking for is an attorney that will do owner financing docs as well as demand letters from time to time. Any recommendations?
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We are entering month 5 of our first BRRR deal and are preparing for the refinance. When we purchased the house, there wasn’t an on site appraisal (I assume they went off comps), which was fine at the time because it ...
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Hello! I was curious if any of you have raised debt to purchase a property before? Personally, I find it much more attractive than raising equity. I was thinking about raising debt for smaller properties, up to 100k. ...
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Hello,If someone qualifies for the CalHFA mortgage loan. Should they go with the 6.25% and/or 6.625% mortgage rates they have advertised online? I am not sure the difference between the two rates on the program. Or ar...
I was a commercial banker for over 20 years. I see some posts on here that are either against, adverse or just highlighting trepidation's about using commercial financing for residential deals. I'd like to demystify...
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Hello BP! I have a family member that’s willing to lend money from their HELOC for my next deal to cover rehab costs. I’ve never used private money and was wondering how I could structure it?
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I am going to be moving in the spring and will begin renting out my current place of residence at that time. Working on getting everything in order. Has anyone ever made a "Homeowner's Manual" to give to the tenants w...
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Hi Everyone,I hope everyone had a great year and will have a better one this year with only good news.I just closed 2 days ago on my first investment property. It is in Fort lauderdale, Florida. I live in NYC. After n...