Joe Livsey
Fix&Flip Hard Money Lenders Considered Cash?
I am writing an offer for a fix and flip where I plan to use a hard money lender for 80%LTV and 100% rehab. Should I write it as a cash offer or should I indicate a loan? This flip is in Buffalo, NY.
Casida Caines
HomeTap-Startup equity partners.
Has anyone used HomeTap for funding leverage given that there's no monthly payment for the duration of the term? This seems very appealing due to the monthly saving cost when compared to a heloc or other loan options....
Yiv L.
tenants quarrelled, what would you do?
Two of my neighboring tenants in the 4-plex quarreled, caused by small kids from one family playing and making some messes on the other family's front yard (the complex has open front yard), then verbal exchanges f...
Hung Dao
I'm in a pickle with an escrow with a risk of losing EMD. Need advice from everyone
I was in a contract to purchase a home in SF Bay Area. I waived all contingencies with my agent suggestion. I made the EMD of $33k and was in the middle of financing. I got the appraisal done. 7 days after the offer w...
Cali Skier
Tenants are getting a divorce. The one that can't afford it wants to stay
Hi, We have a nice property that we rented to a married couple. The husband qualifed with his income alone, the wife did not make enough to qualify on her own. 1. They are now getting divorced and he is moving out. ...
Brook L.
I have a lot of built up equity- should i sell? rent out? etc?
Hi all! Long time lurker here. Looking for some feedback; what would you do in my situation?I live in Jersey City, NJ in one bedroom condo that I bought in 2009 for $140k. I put down $40k initially, and refinanced in ...
Tim C.
Bad Tenant Case Study - Advice?
Quick case study I was hoping to get a couple of updated opinions on.I inherited tenants in a duplex I just purchased. Long story short, I honored the existing lease which had a low security deposit (<50% of rent),...
Eric Raio
Market Timing
Recently I have been torn with my decision on execution and I'd like to hear what BP has to say.I currently don't own any properties and I am looking to purchase a multi-family unit so that I can get my first property...
Nitanga Jean De Dieu
Vacant or Rented, which do you prefer as an investor?
When you are shopping for a rental property do you look for something that is already renting or do you prefer vacant unit so you can bring in your tenant type.
Scott Isley
Apartment Investment and Syndication NIghtmares
Hi BP,
As I'm getting closer to raising the funds for and acquiring my first apartment property, I'd like to hear the bad and the ugly of your experiences and what you LEARNED from them.
We usally her t...