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My wife & I just financed a piece of property in Florida & would like to build a duplex that will be our primary residence with one rental unit. Can I use a VA construction loan to build & then refinance ...
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Hi BP,
We're about to buy a to-be-built house from a local builder, and have a transaction broker to handle the transaction. The contract presented to us is a standard FL As is contract, with the house feature list a...
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When buying a new primary house with plans to convert the current primary house to rental, does the potential rental income from old house considered for calculating Debt to Income ratio? Friend looking for lender su...
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Looking at properties, I'm updating my due diligence checklist when comes to putting offers in.My question is to you investors is:Other than property condition and market value comps, what questions do you have to ass...
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Hi all! I have a question about a P&L and a trailing 12 for an apartment building. I currently have a personal loan that I used for a down payment on an apartment building. The apartment building is in an LLC and ...
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Hi BP,I am interested in a home that will list soon on the HUD. Since this is my first deal, I am thinking about living in the home as an owner occupant for a year while rehabbing the home. My goal is to finish the...
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Ive listened to endless podcasts, and I still have no desire to start or invest in a syndicate. I love real estate so much I love being on the front line and enduring the ups and down (more so the ups of course) and l...
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1. If I offer a tenant $500 cash for keys, do I also give them the security deposit even though I don't have rent late into the month?2. When exactly does one offer this? If grace period ends on 5th of month, sending ...
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I purchased the book Low and No $ down, but recently found out there's an audio copy. How can I get my hands on that?! Would be soooo much easier to listen as I commute.
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Hi out there in BP land!Do you guys have experience with estimating gut rehab costs for Philadelphia? I know it will all depend on who does it and how nicely its done... The house is a 3 story, single family, 1500 s...