For a landlord who has properties that are finance and have been rented out for 2 years and who is applying for a mortgage to expand his/her portfolio, is that landlord required to have 6 months cash reserve on hand f...
I have hired a licensed property manager for several months to help me manage condominium unit in San Diego, California. However, I must say that the performance of this account has been far from satisfactory, and has...
Purchased a three unit commercial building, previous investor paid water and sewer. Leases are good until 2021. Am I obligated legally to honor those leases? Was going to charge for sewer and water.
Hi BP I live in Georgia and I am in the middle of deal I put under contract subject to with the seller who is in then process of a loan modification and I am selling it with a lease option with the buyer that I have u...
Secured my 1st Investment property to be rehabbed and flipped but I’m kind of curious as to the construction side. Should I have a contract with my contractor and what’s a common contract if any?
I'm looking at a property up for auction on homesearch and it says buyer will receive a special warranty deed or equivalent. What is that?Thanks!
Hey everyone, we were going with Meritrust with this property of interest. They're now reneging on rates, down payment, and want extra documents (1099's for pension and SS). Anyone can help us out?Purchase price: $139...
Hi All,I have a freshly minted LLC that will be acting as a temporary lender (until I refinance) for a deal I'm involved in. However, I've never drawn up the perfunctory documents that I'm sure you need if you're goi...
Hello All BP Contributors,
I have truly appreciated the information I have found inside these forums. This is my first post myself :-\
I know there are other posts on this, but I can't seem to get a solid answer on ...
Hi All-
I'm looking for some advice on refinancing. My wife and I both own two homes, our primary and a rental home we used to live in.
I left my job earlier this year and have a large chunk of savings I intend to ...