William Farnsworth
Negotiating Additional Reduction Short Sale Reverse Mortgage
My grandfather passed at the end of August with a reverse mortgage in excess of $850k on his home that was recently appraised at $585k. HUD has informed us that they'll accept a short sale for 95% ($557k). I had the t...
Account Closed
Going to have LOTS of $$ for 10 days- what to do with it????
I'm in-between houses, and for a period of 10 days, I'm going to have over 1.3 million in my bank account. A friend of mine suggested that I open a high interest savings account (2%) for 10 days and I'll accrue ~$700 ...
Jenessa NeSmith
Social Media for Airbnb property
Quick background: We have an in-law suite in our primary residence that we rent out as a separate apartment on Airbnb since December of 2015. Our first investment property just went live on Airbnb this week, and it's...
Jack Knochel
We have our 1st Commercial Deal under contract
Hello, we just locked up our first commercial building. The building is a 6400 sq ft block/brick building built back in 1965. All the interior walls(partitions) are also block. The building is set up as 2 separate ...
Draic McClanahan
Long-term rental, know when to hold, when to fold
Hello BP,
New to the forum - here is a go at my first post. I have had a long-term rental (10 yrs).
I thought I was doing pretty well. That is, until I started reading posts in the BP forums. It has had a good ru...
Collins Achebe
Want explore investing in USA
Am new to the forum. Presently a registered realtor in Calgary AB Canada. I want to explore investing in the USA but don't how to start or who to mentor me. Please help
David Fairall
Owner out of the country; wants to sell duplex - How do I buy it?
I know a property owner who lives outside the US and wants to unload his duplex and I'm trying to find a way to buy it. I'm wondering if seller financing might be my best bet but I'm really new at this so I could be w...
Brent Langlinais
Sublet lease question, for medium term rental arbitrage
HI gang, thanks in advance for your insights. I'm a veteran ER travel nurse of 9 years having worked dozens of contracts throughout the country. But the industry has progressively tightened it's belt over the past 12...
Christian Hansen
New Property Management company
Hi BP'ers,I have been working in Human resources for a while (recruiter) and I have been reading on BP because I have a couple of rental properties (2 SFR, 1 Duplex). For some time now I had been struggling to figure ...
Nick Edgington
Buy Cheap House Just To Create Lender Relationship Who Offers Favorable Terms
Hi everyone,
I found a lender that lends 30 year fixed with only 10% down and waive PMI on 1-4 unit INVESTMENT PROPERTIES. I believe they hold the loan in house which is why they can offer such favorable terms.
The...