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Question: Should I do a cash out refinance, then a lease to own option for a house flip? Is this a better option than selling for a loss?
Details: I am doing my first house flip and it isn't selling, however there...
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Hi all,Recently purchased a multi and one of the first projects I’m planning is converting the property from oil to nat gas heating (there is nat gas going to the house already for water heaters).At current, I cover t...
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Steps:
1-Live in and hold mortgage on primary SFH
2-Add additional persons to title only
Scenario, additional person on title gives closing cost $$ of 3.5%, add the person to title as 7% ownership and rides it out ...
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Hey community,As the title states, I am a first-time home buyer in Atlanta. My goal is to generate another revenue stream aside from my full-time job, so in the future I'd rent out the property instead of living there...
Hi,
First thing I'm glad I joined BP the post, books, and podcast are great! There is so much to learn on here but I plan on sticking around here and learning so I can tell my first success story!
However, I just sc...
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Hey guys, I have a upper/lower Duplex that only has 1 furnace. It's setup right now so the tenants each have their own Gas bill in their name, but one of the tenant's bills is considerably higher than the others. The ...
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I'll try to make this short but include all pertinent information:
Tenants want out of their lease 1 month early (lease ends end of June, they want out end of May). They offered 1/2 of security deposit (equal to 1/2 ...
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Does anybody have experience with taking title Subject To the underlying mortgage. I just closed my first transaction like this and I am wondering what is the best way to make the mortgage payments? The note is stil...
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As a buy and hold real estate investor, can you charge a tenant for repairs if they do not take precautions during a freeze by opening cabinet doors, letting water drip, covering outdoor spigots etc. which cause pipe...
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Hello BP Community,I am new to being a landlord and would like your feedback on a prospective tenant.This person lost their home and wife in a tragic single home house fire in June 2020. His insurance company is placi...