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Hello BP Community -I'm currently in escrow on a 4plex with an FHA loan for 3.5% down. The 4plex is currently fully occupied and the stipulations of my loan state that the Borrower (myself) must be able to occupy with...
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@Bill G.Originally posted by @Bill G. in another thread:Different types of notes require different compliance requirements. When you buy a note, any note, you take on the liability of it's origination and all past s...
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I'm almost done with my FIRST FLIP in Sarasota, FL (and projected to make $20k net profit!), and was just presented with a great BRRRR deal in an opportunity zone in Bradenton, which got me to looking further into the...
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I learned today that a shooting happened in one of my triplex last week and as a result someone died or was seriously injured. That happened last week and I just learned it today when I showed up at the property and o...
Looking for advice on the following situation:Unit was rented out to a couple - let's call them Bob and Alice. Both Bob and Alice are listed as tenants on the lease - but financials are mostly provided by Bob.2 months...
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I started a lease on 12/15/2018 and I am the tenant. It is a three-story home and rehabbed in 2018. I am the first tenant since it's been rehabbed. To give you full context, the home is located in a flood zone in Phoe...
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So I have learned that when trying to create a list with owners who have less than 10% equity, I accidentally made a list of a bunch of reverse mortgage owners and mailed all of them. LUCKILY I only mailed one zi...
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What are the questions I should be asking the lenders. I’ve herd of people getting their loans recalled back at a moments notice.I’m just very cautious. I am going too the closing table next week.
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The neighbor who lives next to my rental home has threatened to sue me because he alleges my tenant has not responded adequately to his requests that she quiet or remove her barking dog. He also complains that she hol...
To those who invest in park based MHs: Do you go through the same screening as a resident tenant would? Another words do you submit your personal ininformation( ie. Social security number, credit info) to park manager...