Sky Lin
Down payment for condo
Hi, BP. I am in Phoenix AZ.I am trying to buy a condo in Phoenix area for short term rental. Property price is $125,000. How much do I need to put down? My credit score is 740 and upMy lender told me it is easy to qua...
Grace Donahue
LLCs and Utility Payment
Hey guys,My dad and I were wondering what we should do when it comes to LLC's and Utility payments. Should we have a one LLC to one property ratio or would it be better to have multiple properties under a few LLC's? A...
Ken Powell
Zero down payment loans
If you are a veteran or eligible to obtain an account with Navy Federal Credit Union, they have loans similar to the VA loan that does not require a down payment. These loans programs were designed to help Vet who ha...
Steve Erkens
Late payment lease clause
Hi, I have a tenant that has been late with their rent for the past 8 months. Same game each month: 10 day notice given on the second of the month and then they pay on the 12th. However, they take good care of the p...
Karim Shah
Section 8 Payment Problem
I'm having problems with a group of s.8 homes I purchased in Apr. I have existing s.8 tenants and when I closed I filled in the forms to change of ownership and change of payments to the various section 8 HUD offices....
Kyle Bentz
Down payment for Mf?
I was lookinga at a 100 unit complex for $4,500,000, class c, Assumable Fannie Mae Debt. It would require around $800,000 for the down payment. If i dont have $800,000 to use what can i do?
Chris Nelson
Rent Payment Processing Systems
Hi BP,
Does anyone have a creative rent payment processing system that they are successfully using out there? Surely there is something to automate this process and make it a lot easier for both parties.
Peter Halliday
Payment and LTV percentages
I’ve heard investors say you should stay away from low payment notes. I’m wondering the rationale. As long as the yield is acceptable, I’m thinking what does it matter? I guess it could limiting because of you want ...
Laurie Gross
Commercial Rent Automated Payments
Any suggestions for sites or apps for an automated system to collect rent for a commercial property? Most are geared toward residential. Thanks!
Betsy Mendez
Down payment Assistance programs?
Hey you guys I have been reading about down payment assistance programs lately and wanted to see if anyone on here has ever tried it out? or has any more information as to how it works?