Jimmy Chou
What happens when seller signs multiple contracts? Is that fraud?
Hi Everyone,I got a 1BD/1BA condo in Downers Grove, Illinois under contract for 15K on 11/4/2015. I put inspection deadline on the 18th and closing date of 25th. (Yippee! My first deal) A few days after the contract w...
Aaron Moayed
Out-Of-State Series LLC require Multiple California Nexus Costs?
I'm wondering: if I do a Series LLC in a different state to hold multiple investment properties, and I reside in California, will I have to pay the California Nexus FTB Cost ($800 registering foreign entity) for each ...
William D.
Multiple properties, different banks, can I just borrow from 1?
BP!!
I have 2 condos, both loans from 2 different banks with PMI on both. Curious if any bank would loan me 1 lump sum to pay off both loans at a lower or equal rate. I would not have to pay PMI, I can pay 1 lende...
Justin R.
Methods to manage multiple phone numbers on one cell phone?
Hello,I'm currently using grasshopper to receive calls and texts from current and potential tenants on a commercial property. I currently have a call tree set up with them and their app allows me to receive notificati...
Dale Walker
1031 Exchange Question Multiple properties to sell and buy 1
Question for you 1031 experienced investors. I own 3 rental properties (duplexes) which I would like to 1031 into 1 larger purchase (12 plex). Can it be done or is it a 1 property for 1 property deal? Thanks for any a...
Steve S.
WHen multiple applicants exist do you refund the app fee?
I use mysmartmove.com which is $40 /Person and have everyone over 18 submit. The prospect pays. I have 4 separate applicants at $80 for each pair. I will be selecting one that means 3 won’t be selected Do you refund i...
Devlin Man
Question about title of a foreclosure property with multiple mortgages
BP Community,
I'm looking to purchase a property in Boston, MA which has a troubled past. There are approximately 5 mortgages recorded against this property and only 1 release recorded. The hold...
Mike Dugan
Credit Pull impact when buying multiple properties within a year
I believe from reading posts here on BP and other sites that to have my credit pulled for a new rental property will probably cost me about 5 points on my credit score for about a year. I am planning to buy 6 houses ...
Matt Smith
Multiple offers sent at the same time: is it ok?
Is it ok to send multiple offers at the same time even though I will only buy one at the end? My agent says it is ok....but what if 2 of them accept? I would be in contract with 2 simultaneously...Is there something i...
Tracy R.
How to value multiple rental properties w no written lease
A man in my hometown passed away and had rental property that he owned outright. Some of them are now owned solely by the widow, and some are owned jointly by the widow and 2 of her adult children. This would be my f...