Hi all! I understand that in order to use a 203k with a non occupying co borrower for anything between 2-4 units (basically other than a SFR), the down payment increases from the 3.5% to 25%. I am a bartender and the ...
“Wealthy people buy real estate.” I realize I’m fortunate enough to count myself among them. These supposed tax savings though… where are they?
My wife and I are fortunate enough to have two W2 jobs making ~$150k /...
Hi,
I read a post here that states every lease should have an early termination clause with a fee. What do you suggest as the terms and the fee?
Thanks very much in advance.
Mike
I have an opportunity for a flip that would require significant financing. All the hard money lenders I've talked to are saying they require purchase plus rehab to be 70% of ARV. This opportunity doesn't quite fit tha...
There’s a lot of buzz these days about Hardest Hit Funds as the exit strategy when you own a delinquent note on the way to REO. Sounds simply amazing. Seems there’s always an “angle” to work.Having spent nearly my ent...
I have found what I believe to be a good property that an investor could see a lot of gain with either flipping it or holding it and renting it out. It is a house located right next to a college. Its two story and b...
Hi,
I'm just starting out, starting to crunch numbers looking for a deal. There are quite a few "older" pre 1978 homes that look like potentials but I have two concerns ...
1) The EPA and lead paint and aluminum wi...
Hello BP!If you own properties in your own name (or a trust that you are the trustee of) is there a legal conflict managing and/or operating the properties under a DBA? This first came up when prospective tenants wou...
Do you require renter's insurance, why or why not?
Hi Folks! I have a tenant who is requesting to childproof the crank windows in the home she's renting from me by installing a product that has to screw into the casing. This would permanently damage the window, and so...