I asked my PM to provide actual credit scores instead of just the credit history. I have a hard time deciphering various delinquent accounts etc.. and just want a Credit Score to evaluate a tenant.The PM reply is bel...
Hi there. I purchased my first short-term rental two months ago and I put about $25k into renovations into it. I've never had a CPA before, but recently I've talked to two different CPA's about tax preparation for 202...
I'm a real estate investor in NC. I recently purchased a property through an HOA foreclosure. There is still a bank mortgage on the property. I'm not the borrower and so the bank won't work with me on taking over the ...
Good day BP,I currently have one 4-unit rental owned in my personal name and I have a duplex (foreclosure) under contract which will also be owned in my name (to fulfill fannie mae owner occupied requirement). My que...
What Is A Double Closing?
A double closing or simultaneous closing as it is sometimes called is when you (the buyer) actually take title to the property just before you sell it. This means that your name or the name...
Had a potential tenant who contacted me and stated her husband doesn't have a SSN. On my application I have applicants must have a SSN but never really thought why someone wouldn't have a SSN. Why wouldn't someone hav...
Hello BP!My name is Tucker, I am a multi-family Architect, I live in San Francisco, and I am quite new to BP and REI in general. I have always wanted to get involved with you all, but always felt the HCOL of the Bay A...
Hi guys, I'm looking to engage some hard money lenders to refinance my portfolio of SFR's that are held in cash (I'm looking to do a loan of $400-$500k on a 30 year fixed rate). I wanted check in with you guys:1) W...
I was doing a search today on REO and I saw the original posting on google.
I'm a RE agent in Los Angeles. I was wandering if anyone can give me some insight on how I can go about getting some of these REO listings?...
Hi, I was accidental investor of a townhouse in Chicago north suburb for 7-8 years and finally sold it last year with no loss. Fortunately didn't have any bad experience. Now, I am looking to be a deliberate investor....