Chris Christianson
Cutting out a realtor??
We have a house on the market in Minneapolis. We got a cash offer from a young guy who is being financed by his father. The father is on the hook out east somewhere for a condo he purchased his kid and it's now u...
Renee R.
Applicant has no email address and red flags
I posted an available unit on Craigslist and was contacted by the son of a possible applicant because the father has no email address. I did my standard phone screening and also told the son that if the father applies...
Juan Espinosa
Taking over property from retiring father...FAQ?
My father is retiring soon to Mexico, and wants me to take over his rental property. The home cash flows very well, but he owes as much as the home is worth. And I'm currently maxed out on getting another loan. I c...
Susan Freitas
Referrals needed - abandoned property
Hello BP Community! I'm looking for some assistance for my father. He has a rental property in Rio Vista, CA. He had long term tenants that would pay regularly then not, catch up, and the cycle continued. To compl...
Scott R.
Quit Claim deed 2 avoid investment property over 2ndhome mortgage
Hi,So my father has a mortgage on a 2nd home (cabin) in north georgia (we live in Atlanta). He's looking to get another one, but it seems like if it's in the same region the lender's underwriter will deem it an invest...
Tai DeSa
A wholesale deal with two title twists
Investment Info:
Single-family residence wholesale investment.
Purchase price: $40,000
Cash invested: $1
Sale price: $50,000
This was a wholesale deal. A person whose house was up for tax sale c...
Carin Kveton
Leveraging equity in a property to buy another property
My father lives in WI, and wants to go to AZ (family there/warmer weather). He's fine to have me pull out and use equity on his existing property. How can I do that? (I currently have some rentals, as well as 2 fix/f...
John S.
Realtor needed in Santa Fe, NM
I have a work colleague attempting to sell her fathers two bedroom two bath remotely.
Her father recently entered hospices care and she has become power of attorney.
Home currently has a tenant that may or may not...
Sara Finley
Cash out Refinance in Pennsylvania HELP!!! :)
Hello - I currently own two, three bedroom row-home rental properties (closing on a 3rd in May) which were purchased with a private loan from my father-in-law.I would like to do a cash-out-refinance on the first two p...
Christian Rafael Gongora
2nd SFH using the VA assumable loan
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $245,000
Cash invested: $15,000
Contributors:
Keith Andrews
6802 Sabinal was my second purchase. Th...