Angel P.
Question about Credit Score/Report
Does anybody know how long something stays on your credit report after you've paid it off? I've had a car loan for about 1.5 years. The term of the loan is 60 months but I'm in a position to pay it off completely now....
Andrea Bailey
Breaking the 50/50 and 2% Rule...should I?
I have heard several (if not many) of the BP podcast guests say they use the MLS to find good deals. I look on the MLS almost every day, and the 50/50 & 2% rules absolutely do not apply. In my town real estate pri...
Mark Murphy
tax consequences for selling with owner financing
Let's say I am looking at owner financing the sale of a property.Lets assume I bought the property for $100k with 20% down, and 5 yrs later sell for $200k, and owner finance 5yr balloon with 20% down @ 6% and 30 yr ...
Paul Clements
What are the basic mechanics of township notification of sale in NJ?
Can someone please let me know the mechanics of the recording process on an owner-financed deal?We write up a deed and execute the sale. The deed gets recorded at the county level in NJ. Let's assume there is no CO ob...
Angelo Webb
LIHTC construction
Anyone here have experience in LIHTC in new construction? If so what are the advantages of a developer using this particular stratgey.
NA NA
Hse Appraisal
When using the house to apply for credit lending does the bank or other lenders send guys to the house to do appraisal before approving the credit?Or they merely using price of similar surrounding house to establish t...
Jessica Schonter
Question on application
So we are in the process of finding a tenant I have one in mind and told her all I needed to do was verify her income. Someone else has reached out that may have a better potential is it ok to scream that person as we...
Jerraill Murphy
Rental Investing in Germany
Hello.
My name is Jerraill and I'm a transitioning service member who has served in the USAF for 9 years. I'll separate from the Air Force next summer and my wife Sarah & I are returning to southwest Germany ( wh...
Cindy Schneider
First time landlord doing the first tenant turnover
I am currently house hacking a duplex and when I purchased it last November the renters on the other side stayed and now they are leaving the end of July. I plan to do a minor remodel on that side and have the unit av...
Alex Pelin
Eviction Moratorium Effects
Current eviction moratoriums are set to expire on 12/31/2020 - 01/01/2021.
What do you expect to happen after the moratoriums are lifted (burdening consumer debt, an abnormal amount of evictions, payments will resume...