Mark Davis
Title Insurance: do you need title insurance on a BRRR
My brother and i just purchased a house at a tax lien judicial salethe judicial sale in chester county is such that is supposed to be free and clear of all liens.currently, there are some municipal liens against the h...
Raymond Lawton
2nd Owner Occupied 4-Family Lending
About a year ago I bought my first four family with an owner occupied loan. I would like to buy another four family soon with a fixed rate 30 year loan, but was informed I could only buy up to a three with an owner o...
Robert E.
Property bought at Foreclosure - How do I wipe out Tax Lien ?
Hello BP community!
I'm looking at a foreclosure property in IL. Mortgage lender is the foreclosing party. Judgment of foreclosure already ordered by the court. Sheriff's Sale scheduled for May.
Separate to all of t...
Paul Jump
Long game: buying all the shares in a coop over time
I have the opportunity to purchase 2 adjacent one-bedroom apartments in an iconic New York City building. The building is a 6-stories, consisting of 24-units one-bedroom units and is organized as a coop—so essentially...
Mario F.
About to do start Demo - should I test for lead and asbestos?
Hello, I just purchased a fixer in INglewood CA. A fourplex, which was build around 1940. We are about to start the rehab process in one of the units. The contractor I talked to today didn't seem very worried about...
John B.
Add and ADU to and existing Duplex Property?
Hi Everyone - Looking for general short-term rental / ADU advice here. I currently own a duplex where I live in one unit and short-term rent the other. I make about 45k/yr just off that one unit via AirBnB. I have a s...
Alexander F Pollock
1031 Exchange & Seller Financing
Has anybody done seller financing with a property that was a 1031 exchange? I'm looking at a triplex that the owner has had since 2003 and was part of a 1031 exchange. They tried selling last year but couldn't find an...
Clayton Hinspeter
Large Land Subdivide
We are soon to embark on our first land subdivide deal here in GA in between Greensboro & Augusta. We like to call these 'country subdivisions' as we are not looking to do a full horizontal development with utilit...
Corey W.
Lender requiring Comfort Letter
I'm in the process of purchasing my first duplex. This is one I'll be "house hacking" so I applied for an FHA loan and made an offer on a property. However my lender is now requiring a comfort letter from a CPA. My re...
Joyce Williams
Lease expires. 1/2 tenant leaves, 1/2 refuses to leave.
If a lease expires and there is a husband and wife on the lease and the husband leaves but the wife refuses to leave, are they both still responsible for the rent even though the husband no longer lives there?