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Hi I am selling a 2nd lien PN,My buyer has said this: "No more than 65% LTV with a 2 -1 ratio on the two liens"Can someone plz translate that into layman's language? What does he mean?Thanks
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Before you go onto the market, you’ve got to do that final walk-through. Here's what I have for mine, what do you have for yours?Paint. Does everything look good? Is there any place where paint got someplace that it w...
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Hi all,I have an apartment unit in a high rise building. The building had some hot water issues which required them to shut down the water. Unfortunately when they turned the water back on it shot up debris such as ru...
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I was wondering if any of my fellow BPers would care to share their strategy for accumulating cash reserves. Like many on this board I get a ton of deal flow and it is hard to manage purchasing new projects, business...
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Anyone have insurance advice for a homeowner who is handing his SFH over to a short-term rental property manager for a year?He's paying me $1840/mo plus security deposit with the agreement that he can sub-lease it via...
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I have friends who want to invest and I typically spend about 5 hours a day looking up properties and working to get great deals. I would like to start charging a finders fee, but don't know what people usually get pa...
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Hello,
How do I accept 1031 exchange money into my syndication and have the flexibility to refinance in 6 months?
We are putting together a syndication on a $15.8M portfolio of assisted living facilities in Northern...
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Hey Guys!I just bought my first home. It is currently a 3 bed-2 bath place in Tempe, AZ. It has a large patio and I want to turn part of it into another bedroom probably ~200-300 additional square feet if done properl...
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As a new member here on Bigger Pockets, I wanted to introduce myself. I am an experienced Title Agent here in Indiana with over 25 years of Title and Real Estate experience. I specialize in Residential, Commercial and...
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Hi,My 2 partners and I currently own a 5 unit building in Hudson County, NJ. I'm in the process of refinancing the property and I'm being told that now is the time to change the structure of the business from direct ...