Hello BP family,I ran into a situation that may be a deal, but I'm not sure. I need your opinion on what my options are? Subject: 4br /2ba townhome in Lauderdale Lakes Fl. The estimated market value is $120,000, mino...
What type of diligence is required? Reviewing existing lease, acquiring their security deposit? Anything else?
Thanks
Fred
(I searched but couldn't find a specific enough thread)
For those of you that watch MM... his entire first piece was on his theory that housing was bottoming in 105 days. Now I know Cramer has taken a huge hit to his credibility over the last year or so... and even more s...
Hello all, I had a question about the FHA 3.5% down payment loan. To my understanding, for instance if it is a 4 unit property, to qualify for this loan, 3 of the 4 units must cover the entire mortgage. Does anyone kn...
I am interested in entering the multi family space but the cost of entry seem so much higher than the so how family units that have purchased so far. My covnetional lender will lend up to 70% of purchase price. And ...
We have a small business with some acreage in Florida. After the last few years of barely scraping by we have decided to try to sell the property. We think it will probably take a while based on the economy and the...
Hello to everyone here at BP, first I would like to say what a great site this is, and the information that I have found already is outstanding. My name is Cory Riffel I am 28 years old and I currently live in Englewo...
Hello all,
So I have this 4-plex under contract. The unit was fully rented out until a week ago one of the tenants had to move out to take care of some family. The seller without checking with me filled the place wit...
I have been reading through the forums and there has been some truly invaluable advice / moments therein. Thank you for your insight. I am now doing some legwork towards developing a property in rural Hawaii and I'm l...
I have two interesting questions ...
1.) In a lease option deal how do you protect the buyer to make sure the payments are made by the seller , if the sellers payments are escrowed out of the sellers account every m...