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I woke up this morning to the sound of someone banging my door. Turns out it was an old/ex tenant that moved out earlier this month. He was upset to find out via mail that he is not receiving any of his security depos...
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Don't be Afraid of the "Eviction Moratorium". Here are the facts for landlords. (not legal advice)It turns out that the Federal Moratorium on evictions only applies to homes/complexes with federally backed mortgages/l...
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Hey everybody.
So I have been trying to figure out the exact science on the cash out refinance that is involved in the famous brrrr strategy.
At first, I was under the impression that yes, you can find banks (typica...
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Hey BP Community,I'm a new investor on the north side of Chicago and I am in the final phases of a gut rehab of a condo unit that is my first property. Bought at $155K, $50K rehab, hoping to sell/exchange at ~$215K. I...
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Have a few properties with good equity. I would rather not refi all of them just to get some equity out. I’ve heard people talk about portfolio loans, which would sound amazing. I’m curious what that process is like, ...
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I was hoping to do a "delayed mortgage" with private money. Property is 295k. I put down 100k and private money supplies 195k to close with cash. From what I have been reading I can do an immediate cash out, with no s...
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If you have family members who want to invest in your endeavors, what kind of contracts do you need? Do they need to be on title? Do you use a tenancy in common agreement? If it's just capital Would a promissory note ...
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I am self employed and plan on moving my source of income "computer support" business to Florida and trying to figure out how I can get qualified for a loan so I don't have to pay all cash. My original plan was to buy...
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I am looking for references for property managers in Kingsville, TX - primarily if they focus on student housing or managing student tenant base. I have an apartment complex in Kingsville very close to the UT campus a...
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I have a mortgage question on my personal residence. It is currently a duplex that I am almost done renovating both units. I have been living at the property for 6 months. My plan is to split the deed into 2 separate ...