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I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
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Hey Everyone,I'm currently in the process of looking for my first house hack on a duplex or a triplex. I'm planning on getting a FHA loan and are saving up for the down payment and reserves right now. But the thing is...
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Anti-social personalities (aka sociopaths) can fool the best of us but I ignored the red flags, so this is on me. "Kathy" is a 32 yr. old dog groomer who moved into my 1864 walk-up in early March. Her first month's ...
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New Landlord here!I recently took a phone call from a potential tenant, interested in my rental property. I started running him through the basic pre-screening questions and red flags flew up left and right but I am ...
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Hey ladies and gents. I am still not 100% comfortable with coming up with offer prices on mid to large size apartment buildings. Here are the details...I am trying to get an apartment under contract in Madison Tn (10 ...
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Hello.....
Well it has come to my attention that charging an application fee in Massachusetts in not legal? Or shall I say BREAKING THE LAW! Looking for confirmation? Anyone?
In this situation; I finall...
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What are everyone's thoughts on whether to charge an application fee for rental houses? Do you collect a bunch of applications and only run the background and credit check on your top candidate with you paying the bi...
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Hello;
I received come advice from an accountant saying for each real estate investment I do , form a new LLC for each. toughts? :pup:
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Hi everyone first of all I want to thank everyone who takes the time to share their experiences and knowledge on this platform. It is great to find like minded individuals who love real estate.I am a Canadian with gre...
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I felt like this would be a great topic for BP's Pros and Newbies to discuss.With $20,000 in cash and $20,000 in debt (Existing loan on a rental property @4.75%)Would you use the $20,000 to purchase another property o...