Apologies in advance for being so long winded. We are hoping that someone can advise us of the worst case scenario if we decide not to move forward, amongst a couple of other questions along the way.Here's the deal......
So long story short, my interest rate has increased on my rental property and my mortgage payment went from $1220 a month to $1969. Tenants pay $2350/mo and after the rate increase, this no longer covers mortgage/taxe...
So here’s the deal...
We are technically under contract on a property in Texas and a few days before we were to close we got the appraisal back and it came in 8k under the contract price. Now since it’s a fha loan we ...
Our buyer’s agent offered to list our duplex for rental with the commission paid by tenants. However, it has been 3 weeks after closing but there has been no deal despite activities of showing and open houses. We are ...
Hi BP community, I just wanted to get the feedback and advice from investors/realtors/lenders on this forum. I'm currently under contract to purchase a SF house in the Riverside county area.
I was curious - what's...
A little heads up from our local realtor association “The City Council on June 3 postponed a public hearing and vote on the SAFE Housing Tenant Protections, which would mandate several measures meant to protect tenant...
More and more tenants and tenant applicants are quick to perk up and claim "I have a pitbull, it's an emotional support animal" as if they have found some fool proof loophole. Some applicants have as many as 3 pitbull...
I’m an Associate Broker in Syracuse, NY and this happened to me last week: I submitted and offer for a condominium on behalf of an LLC. The agent called me back and countered. My buyers accepted and we signed the d...
I am completely new to the world of apartments, but came across an off-market out-of-state deal that was worth exploring. I'd like to lock it down as soon as I can, but the problem is that we don't have the entity st...
I'm looking at more and more syndication investments, because it is a personal interest of mine.
And it really rubs me the wrong way when a syndicator puts together a deal in a way that has very little of their own ...