Dmitriy Dorogan
Can anyone out there get me pre-approved using stated data?
Hello. I would like to get some ball-park pre-approval numbers without getting a hard inquiry at this time. I can provide credit carma data and income data. Is there any one out there who can help and possibly work wi...
Nam Doan
Financing mixed-used property purchase
I have a ratified contract for a purchase of a mixed used property in Baltimore, MD. What are my options in financing this property? I've spoken with two lender and the first lender said it has to be a commercial loa...
Jack Sarcia
Can anyone explain to me how I can use private money to close a 1031 exchange deal on a big multi?
Hello,I am selling my 3 unit building for 450k. I cannot get a bank loan. To my understanding (I trust someone will correct me if I am wrong) if I want to buy a bigger multi it needs to have a purchase price of 450k o...
Robert Hetrick
Property Manager Accounting
Hi BP,
I've got another question as a fairly new owner. I have one property where the following happened last month.
In round numbers:
Rent: $1000
Tenant paid in two payments: $600, and $405 - $5 extra.
...
Sean F.
Getting under contract now, to close in June?
Hello everyone,
I sent out some yellow letters to absentee owners in a small neighborhood I am interested in purchasing in for my primary residence. I received a call from a seller that wants to sell FSBO but they n...
Vic Delgado
General investing advice, type of assets. Sitting out for now?
Hi everyone, It's been a while since I've posted on here, but due to COVID, I've had to rethink my life/investment strategy. I have now transitioned to a full time real estate agent sooner than I had planned, and I'm ...
Jesse Kailahi
Credit Score Impact of Making Multiple Offers and Does it Matter?
I've been listening to a lot of BP podcasts and attended a webinar. A piece of the "process" is analyzing properties and putting down offers on multiple potential deals, constantly, until an offer is accepted. Hypothe...
Cynthia B.
How to deal with potential sinkholes (Florida)?
Hello,I own a home , it's insured . Regular insurance coverage covers only if a sinkhole opens beneath my property and the house is basically condemned.I would like added sinkhole coverage in order to get additional ...
Jason Powell
Has anyone used this lender?
Has anyone used Owens Management LLC for a loan? He hit me up on LinkedIn and has a really good offer. Almost seems too good. Just curious if anyone has used and had any luck. Thanks
Matthew Peachey
Foundation Issues on a Flip
Hey guys, question here. This is a house that I looked at. As you can see, some shifting has taken place. There's a chimney on the end of the house that has pulled away an inch and a half at the roof. I'll post a pict...