Matt Rutter
Short-Term Loan Agreement
Hey Everyone,We're looking for a short-term loan document to outline the terms of a private loan.Without going into too many details, we are in the process of acquiring a new MFH rental property and borrowed about $60...
Jordan F.
Guarantor, deceased tenant, non-paying illegal roommate
Hello BP. I have an apartment where the tenant of record died in July of 2021 but her unauthorized roommate continues to live there without paying rent. The original tenant's credit was bad so her mother signed as a...
Caroline Widjaja
Seller Financing Question
Hello BP,Would any RE attorneys/someone who has experience in this Seller Financing process to help me verifying if the below TERMS are okay for my side (Seller)? Just a little background, the Buyer will put 50% down,...
Sherwin Vargas
Instrument of taking on property question
Hey guys,I am researching a home in the boston, ma area dorchester to be exact to get more information to see whether the owner would be motivated to sell. The property came up with a $1 dollar sale in 2005 but that w...
Don Thornton
PM charged managements fees after property is vacant
Hi,I have 2 properties month to month lease. I signed up with a new PM in Oct 2019. Tenants left and I fixed it up, put a lock on it and is currently taking charge and selling in under a listing agent. I found out rec...
Soteris K.
BRRRR - Cash Out Refinance
BRRRRBought a property for 120K. Appraised value is 240K. (yes i lucked out as a newbie.. or at least i think i did).Used hard money to purchase it. 96K hard money loan and 24K of my own cash for 20% down payment.re...
Madeline Walls
Searching for a creative loan solution
Hi all,
I am looking for a creative solution to pull the equity out of my rental property in Texas. To my knowledge, Texas does not do HELOCs on investment properties. I have a 3% interest rate on my current loan, so...
Walter Correia
What is the Best approach to go after late payments.
I have a tenant who is currently 5 days late on rental payment. Late fees are currently accruing. When is it a good time to let the tenant know that the rent payment did not go through?
JaNarria Johnson
How to find a homeowner of a foreclosure
I am so terrified as I try to force my very careful self to listen to my rambunctious self say "scared money doesn't make any money". I have a buyer, and could possibly have a seller for my buyer. It would be a WHOLES...
Patrick Walters
Arizona Tax Liens, Real Auction additional fees. Buyer's Premium
For Arizona Tax Liens. Real Auction runs the platform for a several counties. Do they charge a Buyer's Premium? I see some Face Value Bids under $50, is that all I pay, or will there be hidden costs added in.Thank you