Andy C.
Investing in MF in Fresno, CA Area
Hi BP,
Im wondering if any of those in BP have any experience living and or investing in the Fresno, CA area. How's the area generally doing. Is there redevelopment going on? And are there areas you'd recommend?
It'...
Michael Buckley
Investing while in Bankruptcy
Brand new to real estate investing so forgive my ignorance. Is it possible to start investing in real estate while in bankruptcy? I have a year left and have never missed a payment. I want to get started but can't fin...
Brian Pouliot
BRRRR Strategy with short term rentals
We currently own one short-term rental in Gatlinburg, TN. The property cash flows very well to the point we'd like to expand by owning multiple properties. We'd like to employ the BRRRR strategy but after doing some d...
Keeya WangJones
Low interest rates, upfront cost, and points
Hi,
Can anyone explain how some lenders are offering low interest 3.5-4% but I need to pay for points or upfront costs? What does the points actually do? How does this method of lending affect a 30 year fixed?
Cheers!
Medriand Arnold
Closing at end of month, tenant pays on the first
Hello BP family,I closed on a duplex at the end of December. The home is fully occupied and the tenants were made aware that the home was being sold. One of the tenants has already paid for December, but the other one...
Dan K.
What rate should I expect?
My husband is looking to purchase a property (owner-occupied) in Dallas, TX.He has an 800+ credit score, no credit issues. good reserves, and consistent W2 income without significant debts. He qualified for a $500,0...
Jeff D.
Escrowing Insurance/ Taxes & CapX Reserves
Hi all,Been doing some research about the multifamily closing process and was wondering the following: Do your escrows for Insurance and Taxes come out of pocket? Or can they be included in the loan amount? How about ...
Junior Correa
Purchasing 4 plex w/ tenants
Hello BP,I just had an offer accepted on a 4 plex which is completely tenant occupied. What are steps or items I need to do during due diligence and the transition process?I'm in FL if that matter.Thank You!
Justin Johnson
Evicting tenant who pre-paid last month
First time landlord here! First tenants in July. It was difficult to verify income because of cash paid construction jobs, but previous landlord confirmed they never missed a payment.
They have been late three month...
Fred ONeal
Providing Blank Documents When Doing A Lease Purchase Consultation
When you are consulting somebody on how to do a lease purchase and you are providing blank documents - I know you're not supposed to fill out the documents for the client for an actual transaction but was confused as ...