Austin Snowdon
Selling 1 property and 1031 into 3 lower price properties
Say you sell a property worth a half a million. Is it possible to 1031 exchange it into 3 separate properties that equal the half million?
Breelon Bryant
US treasury dropping rates to 0%? Banks Loan @ lower IR?
I have heard the US treasury is dropping its interest rates due to corona virus. Does this mean banks will drop their mortgage loan rates as well? If so, is this a good tome to buy properties?
Nick Giarratano
Non owner occupied Lendor with lower than 20% down payment
My wife and I currently own and occupy a 2-unit property. Things have been going great and we are going on 5 years living here. We are looking to buy a second property hopefully a 3-4 unit. Most of the properties In f...
Arthur Banks
When lowering rent, do you follow up with prior prospects?
When deciding to lower the asking rent amount because you've received no bites, do you contact prior interested prospects to advise of the rent reduction? If so, what do you say when you contact them?
Account Closed
Lease Option low appraisal. What to lower purchase price to...?
In late August, one of my lease option TBs finally got off his ... and got his FHA loan approved. Option price was $97k with a $3k option fee leaving the amount financed at $94k. In the last 6 months 3 comps in the ne...
Ngan Nguyen
Is it too early to lower the monthly rent advertised?
So I just started out with my first rental property. I posted my rental ad on multiple platforms (zillow, trulia, zumper, craigslist, apartments.com) and set the rate about 10% higher than the market with the intentio...
Joshua Jones
Lowering DTI by renting home to an LLC I own
I have my homestead property we are going to AirBnb in the future. We would like to buy another home but my DTI is too high with my current home. I know that I can rent it out long term and it can be taken off of my D...
Brian Johnson
How can I lower my monthly mortgage for my duplex?
Hi All!I have owned a duplex now for almost 4 years. It was my wife and my first home purchase in Wisconsin, and it's been awesome to have the capability to have an owner occupied place coming from living in one bedro...
Iaroslav Demydovych
Cracked and settled floor in lower lever bi-lever home.
Fellow BP members I'm looking at a really good deal to flip it just has one issue I'm not sure what to do with. Floor in lower level is settling or settled about 2.5 inches, it even feels hollow under. Its cracked and...
Lisa Rechsteiner
Should we paint or just ask for lower asking price?
Hi guys,I am in need of help with my decision as to paint my kitchen cabinets or not. Would y’all be willing to look at this photo and give your opinions?I don’t want to hire a painter to do this. The quotes I got are...