Rookie question : If I were to try to develop a couple duplexes on land where a small single family currently sits (demolishing the current home in the process) would the bank call the loan since the house in demolish...
Dear BP colleagues, Hope you are all doing well. I am interested in reading your thoughts on how to make an offer to prospective sellers of multifamily properties and wanted to know what is the process of making an of...
Hello, I need some advice... I have renters who are horrible and I need to know if I have to have specific grounds for eviction-property is in Oklahoma. They were 10 days late on the 2nd months rent and still have n...
I have 25k and I live in socal I just got denial from preapproved because I'm a 1099 and I've been paying myself to little and writing off too much. I'm looking to buy out of state. I'm reading, lisening, and learning...
We currently have a portfolio of 14 single family rentals. We are curious as to how the best approach to paying these off as quickly as possible. Do we pay lowest balance first? Some are paid off is 3-5 years, some 15...
Hello,
I have a tenant who is not paying rent and hasn't now for some time... I am curious what options others have thought about or pursued in light of this ever extending eviction memorandum? Am I as a landlord rea...
Hello I'm new here .
My home is paid for worth Around 425k and I'm trying to get Financing to build spec home . Great credit score but show a lower income. I'm a general and electrical contractor self employed for ...
Hello, So I have been driving around south Chicagoland and am in the process of building a list of homes that I think are distressed or vacant. I have also been looking at pre-foreclosures online and writing down the ...
I found a deal on loopnet & am interested in pursuing it. [ this is a commercial property ,single occupant with good rental history].How do I go about it ? I have also found a couple of banks who are ready to fun...
I am a new investor and I am curious of using offer letters as a way to purchase good deals. I have a couple of questions that might seem like they’re common sense, but I am very new to investing in rental properties ...