I'm seeking advice on a challenging situation with one of my rental properties, a condominium that was damaged in a fire incident. The reconstruction project is taking longer than expected, and I'm facing ongoing fees...
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This post applies to Maine landlords, but may be useful for others as well. For 10 years I used padzilla, also known as tenant-net, for eviction and credit report screening. They did an inspection of my office so th...
A 700 credit score isn't as good as it used to be. And those worthless Online scores are generally a lot higher that Mortgage credit scores. New Mortgage Credit Scoring (un-official chart) 840 - 800 Extremely Good 7...
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Is there a particular electronic rent collection software or site that anybody can recommend. I am a relatively small investor with 6 doors so I have just been collecting rent checks. I'm hoping this software would ...
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I have a 4 plex under contract in York, PA and currently all 4 units are leased. As part of my diligence I requested the credit checks, background checks, and rental applications from the current landlord. He refuse...
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Hi, would like BP feedback on a hard money approved loan. The numbers are based on a specific property.
Interest rate: 6.75%, Mth pymt P&I: $778.32, $2k orig. fee, $1k service fee, $360.00 pro rated interest. Wi...
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I have one rental property, and am about to get one or two more. I've got to get official about this business now and am looking for opinions on your bank. I'll be opening an account just for the rental. Obviously if ...
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I'm roughly 2 years into a "Live-In" Flip where I've done all the rehab work myself to save money. I'm about 90% done with the work and have roughly $10K debt on various credit cards from what I couldn't pay off myse...
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Hey BP!I have a couple detailed financing questions I'm hoping you can help me with.1) I was talking with a lender today who asserted that, in order to do a conventional (Fannie Mae/Freddie Mac) cash out refi of a BRR...
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What are the benefits of going with a local mortgage lender than with a national lender? (I’m looking to do a cash out ReFi for a down payment on a house to house hack)