The lender that I'm working with has stated that each person can have a maximum of 10 mortgages individually. If I own a property with a partner and my partner owns the mortgage solely in their name, does that count a...
Hey all!Happy Saturday! We are under contract on an investment property with a closing in two weeks. However, we were informed today that our closing has to be pushed off to a far-off future date (rate will no longer ...
I own 3 student rental properties in a city in Michigan that closely regulates rental properties. All single family houses are licensed for one family or a specific number of unrelated individuals. For example, 2 of...
Long story (which I'll try to make it short), but we did what we "thought" was going to be a hard money loan for a fix/flip. Did what we thought was diligent research on the individual and company. They had a good hi...
Looking to diversify from being an LP in syndications and was looking into leveraging available HELOC and BLOC to fund BRRRR's. Question is, is there companies or individuals that typically looks for partnerships for ...
Have any of you ever had to create a condo corporation?I am considering an apartment building with the possibility of splitting up and flipping the individual units into condos.In this case, I would have to create a c...
Anyone know when the Cares Act stops paying for qualified individuals? I have tenants that are difficult to deal with and I need to evict. I currently get paid their rent by the CARES Act. I know after the CARES Act s...
Hi, my name is Eric McMullen, I'm new to the site, I'm live in Salem, Oregon. I retired after 26 years in the fire service, and am now a licensed contractor and a licensed home inspector. This past year, I decided to...
Background:About 9 months ago I purchased my first investment property with some partners. It is a 3 unit multifamily house in Cincinnati OH that we found and purchased through a realtor and traditional financing. I a...
Hello BP community,I am in the process of putting a duplex under contract and am looking for some feedback. I have 2 equity partners in the deal who are contributing towards the down payment for a minority equity sta...