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Hi BP community,We recently had a sewer inspection on a property that we are under contact near Denver. The sewer inspector found two issues:1. Small offset at 60 feet.2. Large offset at 22 to 24 feet. They do recomme...
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I always hear people talk about refinancing a property, not for a lower rate, but to cash out their equity? Can someone explain how this works or give me an example? I don't understand how it works. I do understand re...
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Hello fellow BP-ers,
I am currently looking for an investment property in the Arden-Arcade area of Sacramento. Considering most of desirable Sac neighborhoods have already appreciated a lot in the recent few years an...
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Tenants moved in in Apr with low credit score and not very sufficient income. I rented to them because his mom co signed and lived just couple of doors away in the same community ( What a lesson! I should never rent t...
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I purchased land in Mountainburg, Arkansas at Crawford County. The land was owned by The State because tax delinquent. Cheap Lands firm came in possession of the land. I purchased the property from Cheap Lands and was...
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Hi all,
I recently bought a $1M condo in NYC full cash and plan to buy more real estate properties in the greater NY area by loaning against the condo and repeating it. What would be the best financing strategy? I he...
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Hello BP family,
What are your thoughts on taking out a personal loan of $10K to use as a down payment to get started on RE flip?
Has anyone done this before?
What are the pros & cons?
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Hello everyone! New REI here, and looking to get straight into a vacation rental property that my wife and I will maintain ourselves. However, something with the seller's Schedule C isn't lining up with my expectation...
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In Georgia, an extremely landlord friendly state, we are only required to file a writ of possession once every 12 months. I filed for one last month and the tenant paid up the night before the scheduled eviction. Ag...