Jonathan Chan
Thinking of becoming a private money lender? Vet your borrower properly!!
If you're interested in adding real estate lends as another tool in your toolbox, these are the steps I've learned you should take to vet your borrower before looking at any of their opportunities!
Background checkCr...
Art Maydan
Cancel Lease w/ Tenant Asking for Radon Test Before Move-In?
Had a tenant sign the lease and send the move-in fee and 1st month's rent then start asking a bunch of super high-maintenance questions. My favorite is, "Do you have a radon test for me? No worries if not. I can get m...
Steven Marks
Concerning BRRRR-why not finance before buy and then refinance?
I understand that if you buy a property in cash, rehab it, and then take out a loan against the property, you take more money back out because of the greater value of the property after rehab. Is it not possible to ta...
CJ Witmer
BRRRR refinance question
Ok, I've done a lot of reading here on BP and I have some sort of mental block because the refi part is just not sinking in to me. It seems like I'm just robbing Peter to pay Paul?
Can someone explain this to me lik...
Account Closed
Got I an all cash offer with a couple of large weasel clauses
I got a offer on a house that I have on the MLS. The offer was in the ball park as fair as price. The buyers would be getting a good deal as well I would be paying most all closing cost. The problem is that the out cl...
Eugene Mar
Title company closes deal when property is foreclosed.
Hey everyone, I've got a really good one here.My property was sold for 42k and net proceeds came out to 35k. The Title company did all the work with a warranty deed and Title insurance. Funds were wired to my accoun...
Ori Foyer
Needs help with Section 8 issue
I bought a Section 8 property on December 2017 and planned to flip it. The tenant requested to stay in the property till the end of June 2018 and I agreed to it. Since that changing Section 8 property owner required a...
Roc P.
Criminal Background Checks
I've been reading the forums and a lot of people are doing criminal background checks on prospective tenants. I was wondering what websites people are using to get this information. Thanks
Elijah Glenn
How do I get investors their $5000 back?
If I have investors who have given me money, like $5000. How do I give them their money back.Do I give them their $5000 plus interest or just intetest?
Tabor Tollefson
Condo: 3 years arrears, owe $140k-bank, $14k HOA, worth $40k
I had a potential client call and ask for help. They have a Condo they bought at the top of the market for $130k. The bubble burst, he lost his job, and now the condo is vacant. They haven't paid the bank or HOA in 3 ...