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Hello! My first time posting as I am brand new to the game. I will be looking at a property this week from a private seller. It’s in the neighborhood I originally wanted to buy in after my divorce but couldn’t find an...
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Good afternoon BP community. Recently my dad has expressed the idea of purchasing a home in DFW where he is currently renting. He came to me to see if I would be open to co-owning the property. That would be his...
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FYI Because I think this will have a larger impact on pricing than the shelter-in-place orders. Not only have interest rates crept up but overall terms like reserves/escrows and debt service coverage have increased bu...
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So i had my tenant evicted, they had not been paying their water bill so i paid for them since landlord gets to pay at the end of the day. I included that into the rent but when i mentioned that in front of the judge,...
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I want to refinance my mortgage of several years, but now I have retired. Now that I am no longer earning W-2 income can my lender demand payment? I doubt it, but it's a good idea to ask since I will be contacting th...
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Hey Everyone, I'm looking to invest in a property in Detroit MI, however, I understand that new owners have to pay the owed water bill in order to clear a property, and start moving in tenants. Does anyone know if the...
Hello inspiring investor here, I have been educating myself on real estate for awhile even starting a real estate course, then covid hit an as a nurse I could not focus on markets, sub markets and ROI with the devasta...
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I'm looking at a property due for auction sale in IL. A few weeks after the Lis Pendens was filed by the lender, the homeowner executed a quit claim deed to transfer ownership of the property to another person residen...
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Hi! I’ve been diving into creative financing, reading all the books/posts, listening to all the podcasts, and watching all the videos. But I have specific questions about the steps that I can’t find the answers to. Ho...
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Hey all!
On the two SFH's I own, I have the taxes and insurance wrapped into the monthly mortgage. I'm curious what common practices are and if there are any reasons why it would be more beneficial to pay taxes and ...