Brian O'Neill
Newbie question, seller has mortgage but wants a cash offer
So If a person has a mortgage can they except a lower cash offer than what they have on loan? I tried a sub to but they didn't like the thought of that for some reason . It just seems like if they except a lower offe...
Mark Miles
Saturday to Saturday in summer
I try to restrict my rentals to Saturday to Saturday in the summer. I do this by enforcing Saturday check-in only and minimum 7 night stay. It mostly works fine. But sometimes people do things like booking from Saturd...
Austin Hughes
Why a Seller Went from a Hard "NO" to "Yes" w/o a Price Change
Wanted to share a quick tip with you fellow BP'ers! Here's how I got the seller to go from "Nope that won't work for me. Sorry. Maybe we can do something in the future..." to saying, "That's not bad, I'll definit...
Denise New
How to take real estate income and not show it as earned income
I am considering taking my social security income early. I found there is an exception to the earnings amount limits I can make after taking social security when I receive income from rental rooms or apartments for s...
Theodore Rivera
1098 Interest Tax Form Question
I was hoping I could get some direction from an accountant or someone with tax preparation knowledge. I am working on completing my 1098 interest forms. I have a situation where I have two borrowers (an individual and...
Keegan Dsouza
Multi family Commercial Thumbrules/Guidelines
What are some thumb rules or guidelines while investing( For eg : $500,000 to $1,000,000) in commercial multi family apartment units ?
Antonio Mcclinton Jr
analyzing a self storage facility
Hello everyone, I am currently looking at self storage facilties, the more and more I educate myself in them the more I want to jump in. At the moment I am trying to learn how to analyze them so I can start making of...
Ruth S.
Is a promissory note needed for each state I use a private money lender?
Hello Community!I'm wondering if I need a different contract in each state that I plan to invest in and use a private money lender to fund a deal. Could I just use a general standard contract for each state? If not, h...
Alex Baur
DSCR Loan to house hack? Will lenders be willing to do it?
Hi there, I am new to real estate investing and am looking to purchase my first home. I recently graduated from college, and thus I do not have anywhere near 2 years of income history. However, my girlfriend of five y...
Jordan Freeman
Apartments
Hey bp, do I have been very curious to learn a little bit about the apartment buying process. What kind of experience would one need to have to purchase a complex between 20-50 units? Obviously experience is a bonus, ...