Rick N' Heather
How do we correct the County Records on our new rental house?
Question for the BP populous:Situation - My wife and I recently purchased an off-market SFR with tenants in place. During the appraisal process for the mortgage, it was identified that the home was actually 218 sq ft ...
Kai Chen
Whose responsibility to fix the issue?
I have a tenant reported the heating system was not working. So I scheduled an appointment with a handyman to check. But before the handyman came in, the tenant reported they don't need to fix it because they started ...
Nick Marconi
BRRRR questions? is this the perfect oppertunity?
Hi everyone, I recently purchased my first home using my first time home buyers getting the 3.5% down. I lived in it for a few months and then decided to move in with family for personal reasons. since then I have bee...
Adam Blosfield
Seeking a Home Equity Loan to payoff HELOC
Hi BP community,
I'm seeking a Home Equity Loan provider in CA so I can utilize the HEL to payoff our HELOC (30 year, fixed rate at 6.5% with a 10 year interest only timeframe before paydown). I don't want to do a ca...
Kyle Kline
Should I cash-out refinance my own home?
Hello,New to all things real estate and may have a stupid question. Would it be a bad idea to cash-out refinance my own home that I live in? I understand that it would reset my loan, but I’m wondering if this would be...
Chris Hill
Being asked repeatedly to verify my email, even after verifying
Please let me know if this needs to be moved / posted elsewhere and I'll get right on it, thanks!I've been registered here for a couple of weeks, and have verified my email address (even get the confirmation message o...
Don Nelson
Managing/Preparing a rehab budget
Okay - so I've flipped about 50 houses, 90% actually made a profit. Recently however, I've had three deals in a row fall on their head and taken a near career ending loss (six figures between the three). I admit, I ...
Chris Gilliam
Tenant Issue / Sub Leasing
Hey All,
Have a quick question. So we have a rental property (Our first) we rented to two girls that were recently divorced. Now 6months into a 12month one of the girls moved out and the other one moved her boyfri...
P M
Rental property Using ARMs?
Does anybody here use ARMs for buy and hold rentals (not flips) that they expect to hold for more than 3-4 years as income properties?
Is this too much tempting fate on the 50% rule?
If you are using ARMs, are you p...
Irfan Saeed
Do i need to replace Electric Panel
Dear community members - I am rehabbing a house which has an old electric panel. The system is working fine. Should i upgrade the panel? The house after Rehab should be around 139K.I would appreciate any suggestion / ...