Deven Singh
Tenant heating issue
Hello
I have a tenant that is leaving the window open in the winter which cause my gas bill to be very high. I spoke to them about this and even rasied the rent 50$.
They have been in the property for over 10+ yea...
Alexis Huerta
what do you think?
I have a question for you. In the example: $200K purchase price, 20% ($40K) down. Say I get a private lender to loan me the $40K for a down payment for the mortgage. how would a loan officer take this....?
Paul Sandhu
Do you use an ozone generator in your STR?
Some of my kitchens have an "international" smell to them from renters that came from overseas. They cooked some of their traditional foods that were quite spicy. Some of my living rooms smell like smoke. I've sham...
Michael T.
Overseas investor US real estate dilemma
BP members, I am looking for some advice on a significant real estate shift that I am looking to undertake. Presently I have 2 SFH overseas that have cap rates of 6.5-7%. They are new homes built in 2007 that have...
Chris R.
Information disclosure to banks when using private money
Hello all,Today I ask a hypothetical question. If I had a private money lender finance me on a downpayment of say $50,000 at 6% with agreed upon repayment terms, (1) How and what do I tell the bank about how I got tha...
Sharon S.
partnering with a GC
I am an interior designer who has had the opportunity to work with a sub contractor on 4 consecutive remodels for various clients. Recently this sub approached me to see if I would be interested in flipping homes with...
Rodney Dixon
Why aren't HMLs allowing seller's equity as down payment?
I'm currently working on a income producing quadplex deal in Tampa, FL in which I've convinced the seller to carryback 40% of the purchase price. I contacted 2 guys who lend hard money in my market whom through past d...
Isaac J Mork
Do I pay off a loan on a property? or look to invest in another long term property?
Looking for some guidance as to what the better choice would be.Do I pay off a loan on a property? or look to invest in another long term rental property?Paying off the loan would increase cash flow larger than buying...
Mike Nelson
Deal Or No Deal? What Would You Do?
Ok here's the story, I have a Super MOTIVATED homeowner who just lost his job, got a divorce and has no cash reserves saved up. He want's to walk away from his property but needs $15,000 to find a new place and pay...
Leonardo Bellot
Market Crash for wholesalers?
Hello! I am new to wholesaling and ive made couple deals but there have been alot of talk about the market crash starting off 2022 so i just wanted to know IF the market crashes will that hurt wholesalers alot? Or be ...