Jason Mak
Bought a building a I'm getting debt collections for the prior owner
Hello BP,
Would like your advice here.
I recently purchased a building and I just received a debt collection notice from the prior owner's AT&T cell phone bill.
The owner ordered the cell phone under the prope...
Marshall Swatt
How to Screen Foreigners with no credit/history?
I've had several foreigners ask to apply to rent property. They do not have any credit history and do not have family in the US to act as guarantors. Can anyone suggest a solution to screening and renting to legal for...
Jake Graham
Should I analyze deal as 100% occupied?
Hey Everyone!
I’m looking at house hacking a 4-plex. I’m going to live in one unit and rent out the other 3 witH MY VA Loan. Should I analyze the property at 75% or 100% occupancy due to me living in one unit? If 75...
Chris Sharp
Partnership Question Regarding Real Estate
Hello everyone,I am trying to partner with my father -n- law on a real estate investment but its kinda of a mess. Currently my father n law owns the building and has $125,000 worth of debt remaining on his loan. We re...
Matthew Williams
Can you cash out refi and seller financed property?
I may have stumbled upon a unique opportunity to get a great commercial property with a seller willing to seller finance. If I go this route would I still be able to cash out refi on that property because I want to b...
Sendil Thangavelu
Applicant has Bankruptcy --Issue if I rent out my property to them
Hi,
Applicant has good income and job, but ha filed a Bankruptcy in 2015. I see B2 indicating bankruptcy in their credit report as recently as April 2024. What are the implications to me legally if I rent out to ...
Ryan Keenan
401k and debt
hello bp, I have two rental properties financed both with VA loans. Looking to use FHA on the 3rd one in the near future. However, I do have about 20k in debt for a home improvement loan. I was wondering if I borrowed...
Sandy Uhlmann
Collection Law Firms that work on a congingency basis
I have a couple of wiped out seconds that I am exploring the possibility of getting a judgement on. Does anyone have any experience with a good collections Law Firm that they can recommend? I understand that there is...
Kalo (Kyle) Atanasoff
How to structure a partnership?
Hello BP Team,I am currently working on establishing a partnership with a person who i know for a long time. Eventually, we want to acquire a SFR or Duplex for Buy'n'Hold with 20% down and total cost between $100k-$1...
Sam Magnant
First Syndication deal, looking for second (and third) set of eyes
Hello there - I have an opportunity to invest in my first syndication deal for a multifamily in Boston, MA. I have read and studied syndications and analysis pretty deeply, but am looking for a second (and third... fo...