Jessica Monroe
Starting a business for friends / family to invest
Good Morning BP,Over the last year or two I have shared my RE interest with family & friends. A handful of them have reached out to me and want to be a part of it, a few want to actively invest with me (buy &h...
Brandon Cao
Fannie Mae 2% Sellers Assist -- Security Deposit Included?
Hello Everyone,
For those experts in Fannie Mae guidelines, the 2% sellers assist exists for investment conventional loans. Say I have a fully rented out duplex investment property with the following information:
A...
Sreeni Guntupalli
NC Rental - lease breakage
Hello All,
Any guidance is appreciated on this below matter:
I had a tenant (in Charlotte, NC) who signed a three-year lease in 04/2019 and broke the lease earlier this month as they wanted to move to a different ...
Michael Baum
Longer short term rental....
Hey all. So as many of you know our home in north Idaho is very much a seasonal rental. May through Sept. Sometimes part of Oct for cyclists and Thanksgiving once.I have an inquiry from someone who is traveling for wo...
Matthew Dunn
Commercial Multifamily Financing
Dear BP, I had a quick question on commercial financing for my first larger deal, so I am pre approved from Freddie / Fannie for a $1MM purchase, I have literally just enough capital right now to do that, but limited ...
Brite Zhou
New rehab theft - advise and security options
Hi BP,
I am a newbie investor in San Francisco area, working with my father on a new project. This morning we got a call from our contractor letting us know the home was broken into and all of the tools were stolen.
...
Andy K
Advice on tenant move-out after a fire incident
Hi folks,
We wanted to get some advice regarding a situation we have at a rental property we own. In mid-August, we unfortunately had a fire in the attic of the rental home. The tenants living there called the fire d...
Greg Worzalla
Type of loan for a 4 unit building, 1 is a commercial space
Hello all-New to BP posting but big reader of the website (soon to be Pro). Have a question that I believe I know the answer to, but if I'm looking at an investment property that has 3 apartments and 1 small commercia...
Eric Michiels
Fund or Syndication?
Hi, I'm working with a church to convert their space into an apartment complex where the church will have it's meeting room on the first floor and we will build apartments above the meeting room. I'm raising funds for...
Derek Martin
Door was broken during break-in due to tenant's actions...who bears the cost?
Last week one of our properties was broken into. They kicked in the back door and allegedly stole a fairly significant amount of cash. The tenant was very upset and I feel very bad for her. However, I obtained a copy ...