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...
Alan Dunlap
Mortgage Due on Sale Clause
HELLO BP!New investor with General question for veteran investors -You can structure deals to avoid bank using the due on sale clause to call the loan. Has anyone actually experienced the bank doing this?(I’m not sayi...
Daniel Coleman
Ground up Syndication Deals
What make makes investors feel comfortable with investing in ground up syndicated projects?
Rene D.
When buying from Mom n Pop sellers...
When the seller only has a hand written Income (rent) and Expenses, 1 page, 1 month, what is the best way to confirm all income/expenses?I'll be looking for:tax returnsbank statementsany invoicesutilitiesWhat should b...
Jhonny Paulino
Conventional Mortgage for properties with ground rent - Baltimore
Hello,Looking for reference or information for a mortgage company or any financial institution who can do a long term mortgage refinancing on a Row house with ground rent in Baltimore where the owner is not register ...
NIcholas Hamel
How to verify sellers numbers for heat/gas/water
Hey everyone, I want to say thank you for all the great advice this forum has given me so far. Im trying to buy my first 4plex right now. The seller has given an estimate for what he pays for gas/water/electric. Wh...
Donna M.
Buy it cash and resell?
If I'm able to buy a property, all cash, and then resell it for a fee, what are the downsides? Would I have to wait until the deed gets recorded in my name to sell it? Is it a bad thing for the deed to be in my name...
Joe Edwards-Hoff
First Small Apartmnet
So, my dad emailed me a link to a Craigslist ad for a local multifamily for sale. We live in a small town of 12k people. All this said, I don't know how serious he thought I'd take it, but it has got me thinking. We o...
Bob Smith
Looking for virtual assistant help - bookkeeping and PM review
Own about 30 doors with a few different property managers. I work full time and don't have time to really review the property managers. Was thinking about hiring a VA who can review the PM expense reports and also com...
Brett Pirie
Business plan helpful for getting commercial loan?
Would writing a business plan with detailed financials help in getting a commercial loan? We are just staring out and much of the smart advice is to start out with a smaller property before moving on to multi-family....