So I signed a lease with my landlord and it states I have to get insurance through a specific insurance agency and to list him as additional insured. Is this legal? Shouldn't he have home owner insurance for this? I a...
Hi Friends!
I have a question for you all regarding the current Low Mortgage interest Rates. First of all I was able to take advantage 5 years ago and took a 15 year 2.75% interest rate on our Mortgage, our payment ...
What are your thoughts on interest only loans for buy and holds? I see the plus as more cash flow, but the downside of no principle paydown. My thought was that increasing cash flow in the growth stage of a portfoli...
Hello Everyone,
I am a new investor and I have a client that wants to sell a hard money loan.
The current loan amount is $180,000 and it has 120 payments left. It is currently at 12% interest and she wants 8%. She a...
Hi BP Community,Been watching BP podcasts for a while and learned a whole lot. Joined the community a few months ago and today signed up for one of the bootcamps and got the Pro membership - whoohoo! :) I have a situa...
Hi guys, I'm currently under contract and doing due diligence on a property with mold issue. The property has a crawlspace foundation and due to it being an estate sale, the utilities haven't been turned on in a while...
It always seems best if you can find a trailer already set up.
I have a trailer I put a down payment on to the mover and it has yet to be moved.
Finding good movers is difficult, but can be lucrative.
If you find ...
In need of a little guidance here: The company I work for currently rents our office space, and we are interesting in purchasing the building we currently occupy. I'm exploring options, and think that a lease with opt...
I originally posted this in the Chicago forum, but realized it made more sense here. Hey everyone, I'm working on closing my first deal in Chicago and the only issue I've found so far is a small foundation issue wh...
I have a very serious LP/Passive investor ask me today how they will be protected in a new deal. How have you responded to this type of question in the past? He's looking for mid-teen returns open to either value-add ...