When my tenant's 1 year lease expires, I gave that tenant the option to re-new it with another 1 year lease at a higher rent.But, the tenant wants to use part of their security deposit to pay for that rent increase. W...
So, my lender just indicated she could not issue a sellable mortgage with a seller carry-back involved...and further indicated that portfolio lending applies the same guidelines?...is this an institutional standard or...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello BP, please take a look at this deal with me. I have a few questions if you don't mi...
We bought a multiplex earlier this year running on a septic system. Something happened and caused the sewer water to backup into the units. We have already ended the leases with the tenants. Right now in the process o...
My wife and I are newbies in this Real Estate investing and we are looking to rehab and sell properties. A HML is offering me 30% Down on a 150k Stated Loan with a possible 7 to12% interest loan. We currently have a l...
In an effort to up my BP posts, I want to start documenting my first duplex purchase. So here we go...I want to preface this post with my almost deal. My original first deal was going to be a much bigger apartment com...
Hello, We were out of town and our neighbors check on the heat etc at home when we are away. This time, when we were gone on vacation, our neighbors opened the kitchen sink faucet very little because it was freezin...
As we all know there are tons of wholesalers out there. There are tons of good deals out there and there are just as many short sale opportunities.
Question is...as a new investor would you recommend one to learn t...
HI All,I just put in an offer for a home at $136,000. My Realtor assured me based on comps it would appraise for well over $100,000, so I signed a contingency stating I would make up the difference if it under apprai...
I'm under contract on a Duplex in a B+ neighborhood in suburbs of KC. This is a buy and hold property. My RE criteria is $200/door + 12% CoC. During the inspection we found significant CapEx items that need to be repl...