Cody Steck
Non owner-occupied FHA takeover?
I came across a duplex that has good numbers and looks like a deal. Seller is asking 175k and has about 152k left on the mortgage. They said they would be willing to carry back the difference if you took over the loan...
Jimmy Davis
Sell via Owner Carry and keep HELOC
If I sell one of my properties via "Owner Carry" that I have a HELOC on would I have to pay off the HELOC that I have on this property? And...Would my buyer's insurance policy that I would require satisfy my lendor's...
Logan Splinter
Homeowners Insurance Coverage
Hey guys!What does everyone have for coverage for homeowners insurance on their rental properties? I’m about to close on my first property shortly and comparing quotes I’m not sure what is needed/what isn’t or if it’s...
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Real Estate Investing Strategies
Real estate investing strategies are so numerous it's hard to "pick" one.
The problem with "picking" a real estate investment strategy is they're not like mutual funds.
To be a real estate investor, you've got thin...
Susan H.
Pets & Required Renter's Policy
In the “you might have similar questions” category: Since my tenants of 3+ years are moving out this summer, I checked with my insurance agent to clarify the rules/restrictions about dogs in rentals. My agent (with Al...
Anders Jax
Asking for 25% of GP equity for doing the fundraising?
The GP is just two guys and myself, who put to work about $5-10m in equity a year. I may be able to bring an LP who is willing to commit essentially more capital than we could possibly put to use with the size of the ...
Sean Ade
Credit Card Purchases
I'm hoping someone can shed some light on this idea.I always get new mail or advertisements on credit cards that offer up to 12-18 months with no interest payments. My thought is to use this to make a down payment on ...
Arcinio Arauz
How to: develop 22 unit apartment buildings
Hello all,Pardon the trivial inquiry but I feel myself now moving into a different area in investing.I've mostly dealt with single family dwellings. Recently I was introduced with an opportunity to purchase 1.4 acres ...
Jared Schott
Long Term Rental by assuming loan; risky idea?
Hi folks I previously posted about a 5 bed 4.5 bath house for sale at 590,000 and has been up for 60 days. This house has an FHA loan that I can take over and all in it'll be 2k/month. however, the amount left on loan...
Robert Feinstein
Services In Exchange for Partnership - HELP
Hey BP nation, I have a question and could use some advice. I am an architect, designer and project manager with over 25 years in the business. I have owned rental property, flipped a few house in NJ. I am now current...