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As a beginner, what types of whole sale properties should I be looking for? There are many foreclosures in my area, how will I know i’ve found the “right” one?
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What rates are yall using in North Carolina when you sell Mobile homes (Lonnie deals)?I'm trying to understand the NC general statutes regarding setting Mobile Home interest rates. I think I understand, but my interpr...
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I am aiming to establish a property management firm in 2016-17 after I have obtained adequate experience. However, I feel a bit confused about the difference between legal requirements and actual industry practices. ...
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Hi BP,I'm representing a borrower in FL and we are at clear to close on his cash out refinance loan (investment property). We cannot close because he wouldn't be able to cash the check for his cash out proceeds. The ...
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i closed on my first rental yesterday. the previous owner has lived in the house for 32 years. i ran title and agreed on settlement about two months ago. i need to mention the previous owner met a girl online a...
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Hey BP, I am in a bit of a bind trying to pencil out my second deal.I am trying to buy a new construction side by side duplex. both units are identical to one another however for whatever reason it is not a legal two ...
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I'm not sure what to call this, but do most of you put a $$$ repair threshold clause in a lease agreement? So that if the repair cost is less than a certain amount, the tenant has to pay it? Is this legal?
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Hello evryone ,have a fantastic tenant ,he is a quiet tenant Retired from the Navy.He rent me a Condo Unit in a first floor of a HOA .I bought this unit 6 month a go .The upstairs neighbor had treadmill that use ever...
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My husband and I want to invest in our first SFR deal with a friend, but we aren't sure the best way to structure our loan (I.E: can our friend just be a cosigner on our loan instead of a co-borrower), or how to write...
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I'm looking for some advice. Please don't tell me to consult a lawyer; that's why I'm asking it here.A mother and her 2 children signed a lease. 2 years later, the mom died. The boy was 17 and the girl was 16. The...