Patrick Speller
Quick Condo Flip in DC (Old Deal, New Post)
Investment Info:
Condo fix & flip investment.
Purchase price: $240,000
Cash invested: $40,000
Sale price: $385,000
This project was done with a partner.
Garden style condo 1bd 1ba built in 1...
Edem E Elessessi
Residential loan for investment property
In the scenario where a typical residential loan allow the borrower to live on the property for at least a year, if after 3months the borrower decides to rent the unit, how can that affect the loan? Is there any sugge...
Miho Y.
Tenant wants to operate her business
Hi investors, our triplex is located in Los Angeles. A prospect tenant is looking for a live/work place and found ours. Her nature of business is jewelry making/selling. Does anyone have any experience with a tenant o...
Kevin Meyer
Current tenant, soon to be landlord
Question:
I live in CA (LA county) and am currently renting. My current 9-month lease ends September 30. I bought a multi-family unit and close Aug 6. Tenants are coming in place with that property, and have lived th...
Tom Miller
Tenant screening
when purchasing rental property you do not have the option to screen existing tenants. After a purchase, must you honor existing leases?
Keshia Romelus
Mixed-Use Insurance Purchase
Good morning all. I am planning on buying a mixed-use property in Albany. Commercial property on first floor with two residential units above. Any idea on how much a yearly policy may cost? Estimates
Sam Chicquen
Underwriting Deals & Dead Leads! HELP!
Hello everyone, I'm currently in the stages of purchasing my first property. I'm looking for commercial multifamily building between 8 and 14 units. I want to practice talking with sellers when it comes to seller fina...
Matt Liu
How to instate a new lease upon purchase
I bought a property at tax auction. The tenants have year leases ending February. Can I come have them sign a new month-to-month lease starting June 1st that voids out the previous leases? What language would I hav...
Deepak Wontakal
Beginning and Learning!
Hey all, finally decided to take the jump in running a side hustle in Real Estate. I've always been curious and needed a bit of a kick to get me going (i.e., a crazy job). I'm looking to explore Multi-Family unit in...
Anthony Henderson
7 Units Motivated Seller
Hi BP I have a hot lead from a motivated seller for his 7 unit apartment building. I have done several small rehabs, some wholesale and a would very much like to apply no money down investing skills to secure this dea...