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I own a rental property in Connecticut and have yet to find the legal answer to my specific circumstance. I have a tenant whose lease expired 30 days ago, they moved almost all of their stuff out last weekend but some...
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Hello!I'm Claire. I'm new to real estate and to BP. Nice to meet you all!My husband and I are looking for a multifamily home to occupy and rent. We currently live in Arlington; I work in Sterling and he works in Tyson...
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Hello guys.
I have just finished looking at a duplex that is fully rented. Both units are 2 bed/1 bath and rent for 540.00 each. The property is listed at 62k, however, the owner has already told me he woul...
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I am currently using a small local bank for financing my rentals. I am able to get 5% fixed for 10 years with an am of up to 30 years. I currently have them financed for 10 years. I don't have much cash flow each m...
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In the course of searching for buy and hold rentals, I have been offered several properties that are currently under existing Land Contracts which leads to a couple of questions for the experts here.
First, what are...
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I'm considering making the jump into my first investment property (buy-hold traditional rental). I plan to set up an LLC.How difficult will it be for an LLC to obtain a 30-year fixed mortgage (20% down payment)? Will ...
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Hi folks. Just dipping my toes into the whole "private lender" thing.Conventional lenders are not lending to me because the deal I'm considering will bring my DTI from 5p% to 53%.Found a guy on BP who is fine with tha...
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I was curious to find out from the rest of the BP community, how much weight do you give to a subject to appraisal you received before rehab when it is time to list your property and sell at retail value? Thanks f...
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BP Team,
Our new multifamily development project was approved via the Common Council of our municipality last week. We are good to go to begin our engineering study and submission of architechtural plans. I...
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We just finished renovating 1/2 of our latest duplex - see newbie rental diary#3. Problem is that the other tenant wants his place fixed up too and is complaining about EVERYTHING he can find. He says there are bugs ...