Ryan Keenan
Tenant want security deposit
Hello bp,
My tenant is court ordered to be out the 30th of this month. She doesn't owe many any money however my lease says I can take lawyer fees from her security deposit.
Her DCF worker calles me today and is putti...
Jorge Ruiz
Interest rate vs points.
Hello BP! I'm new so here's a question I would love for any of you to answer:
What is the difference between interest rates & points?
Thanks.
Mark Miller
Fix n Flip loan questions
So, honestly, I want to get into flipping. I am new. Very new. I know nothing about home repairs, and honestly, I plan to pay a contractor to do all that, simply because I value my time. I was looking at financing...
Dan Trinh
20% of apartments is paying for the rest of the Apts HOA fees
Hi All,I am in a pickle and I hope someone can help me navigate this difficult situation. 10 years ago I bought an apartment in Las Vegas. All was good and HOA fees were reasonable. In the last couple of years HOA fee...
Adam Larkin
Portfolio Loan for SFR, Refinance
Hi BP!
Thanks to all the available resources available on BP I have started building a SFR portfolio in Memphis TN.
I've been buying cash, rehab (in some cases), renting, and cashing out with a local bank. some hav...
Sam Mitchell
Cheapest / quickest way to process a quit claim deed
I need to transfer a property of mine back to an LLC (I had to transfer to myself for a refinance) and want to do this without hiring a lawyer. I figure I can just write up the deed myself using the same language that...
Account Closed
Conventional loan rules
I'm looking at FHA vs conventional loans. I currently have enough money to buy a property, but I'd like to avoid paying higher interest rates or fees etc. I'd like to move into a duplex or a SFH. I'm curious if I coul...
Adam DAnna
Financing a Condo to Fix then Rent
I am looking to finance a foreclosed condo in Mercer County, New Jersey.- Purchase Price: $92,000- Repair Budget: $25,000I was quoted the following terms with a Homestyle Renovation Mortgage:-Total Loan Amount: $96,04...
Nick Brown
203k Loan
Hi Investors! I have a few questions on a 203k Loan. I was told by a Broker that When you need a co-signer (which I will and I can get) that you can not do a 203k Loan with 3.5% down on a owner occupied multifamily. Y...
Steve Callaghan
STR property management fees?
What is a reasonable fee for STR property management?NY investor that has 3 STR properties in Stratton, VT struggling to get a good property management company without killing my profits?