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Hi all. 2 partners and I are trying to sell a SFR via owner financing, and we could use some guidance on what we should / can / can't do regarding qualifying a buyer. Credit check? Current employment? Employment histo...
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Hello BP,I have been searching similar topics trying to find answers to this question. My tenant of 4 months, who was a bad placement by my realtor is in jail since the beginning of December. The girlfriend who is not...
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I'm under contract on a turnkey rental property. The inspection report is at the link below. The seller has offered to fix most or all of the issues. This is in a B neighborhood.What to you see as potential red flags?...
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There's plenty of disussioon here on BP about the "bottom" of the market and trying to time it and not being able to time it and when it might actually occur,etc.
Well, I think it is here and gone already. In fact, I...
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Hi, all. First, apologies if this is the wrong place to put this question--my buying a place hinges on it, so I hope this is the right place to post.Anyway, total noob question. A lot of you are probably familiar with...
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If I roll over a 401k from an old job into a self directed IRA,
Can I take 20K from the IRA and use it as a down payment on a property?
The property will cash flow about 200 per month. Is this cash mine to do as I ...
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I felt some amount of fear/panic. I'm old enough to have been around for "black Monday" in the later 80's. Good thing I had no money in the Market then as I witnessed a number of people go bankrupt on margin calls. ...
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BP,
Asking for another individual.
A tenant has leased the unit for the last two years. Their contract is about to expire at the end of the month (March), and the landlord does not want to renew the lease contract. ...
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I recently started learning about the VASH program -- a program to provide homes and other support services to chronically homeless veterans a full service program. These Vets don't have rental history, credit histor...
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Hi All,I bought a duplex at the end of April which included tenants. The agreement was that the previous owner had to clear out both units. So both tenants were given proper notice one was given 60 days and the other ...