Mike H.
Ungrounded outlet - tenant request
Hello BP community, Need some advice. Facts : outlets in house are mostly ungrounded two prong. One outlet has three prongs but also ungrounded. Location Florida. Tenants have renters insurance. Tenant says he plugged...
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Tenant died, need to renovate then cash out refi
Looking for some insight.. Unfortunately I got a call Wednesday night that one of my tenants had passed. I closed on the duplex last July with a vacant upstairs unit that I completely remodeled myself along with doing...
Maria D'Aura
1031 condo to 2 unit and live in one?
I’m selling a rental condo and looking for replacement property. I found a single family home with an in-law that would be great for us as a primary residence. Is there a strategy that would make it possible to 1031 i...
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if i have no income
will hard money lenders give me a loan if i can show that the deal is good?
i am in college, have no income no credit. i am going to apply for a credit card in a few minutes
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A Tale of two Fourplexes
Hey all. Long time lurker, first time poster. While at a BBQ at my brother-in-law's apartment this weekend, we were discussing the building he lives in. The owner is a former resident of our town now living in Califor...
Adam Lang
How do partnerships work?
Hi everyone, can anyone tell me the best way to structure a partner relationship? I have found a couple properties that would be decent buy and hold properties but I don't have enough money to cover the down payment a...
Evan Loader
Need some feedback on a potential deal
Good morning BP community. I am reviewing a potential private lending deal as the lender of a rehab fix and flip. I would appreciate what you think of the structure of the deal. The numbers are as follows -
Purchase...
Jason Crouch
when to use a hard money lender and best exit strategy
Okay so we have 2 rental properties and our primary residence I want to purchase more buy and hold duplexes or fourplexes for cash flow.With not having enough capital for a down payment I was considering this option, ...
Aaron Henricksen
Down Payment Based on Appraisal Vs Purchase
I am looking at a property that looks good and the math works, but it's a little more expensive than the last few properties I've looked at, and although I have enough available for a 20% down payment, I'm hesitant t...
Shaun Hicks
Hard Money Lenders
Is it necessary or a good idea to have liquid assets available when using a hard money lender for a flip?