Terri Pour-Rastegar
Mistakes in Eviction Report?
I just got an eviction report back from the tenant screening company I use (CreditLink), and it lists 2 successful evictions and 3 eviction proceedings initiated on this prospective tenant. I could not believe it bec...
Brett Riemensnider
Buying first Duplex!
I’m looking to buy my first duplex here this week hopefully but am struggling to find the numbers I need. I’m not sure if I’m just second guessing myself but I feel that this is too good to be true. For the vets here,...
Pavan Gupta
Construction Lending in Oakland, CA (SFH -> Duplex+ADU)
Hi!, I'm the happy owner of a single family home in Oakland, CA that may be ready for conversion into a multi-family home (Duplex+ADU) which requires a long list of things to come together, one of which is financing. ...
Kevin Lee
New construction with lender incentives?
Hey all! West coast out of state investor here looking to purchase my first rental. I've looked at a lot of resales and with the high interest rates, I'm wondering if I would be better off purchasing a home that is n...
Mike Mendes
Would you approve these applicants?
Hello BP community. Need some advice on how I should proceed with applicants I have for one of my rental properties. It is a couple and the woman is taking a job as a OBGYN making $347,000/yr . Her credit score is gre...
Steven Mitchell
What exactly IS earnest money ?
So we recently tried selling a house. The day before closing, the buyers backed out. No reason was stated.We only got a quarter of their earnest money.I was under the impression the earnest money exists to protect t...
Mike Smith
Bank Owned Owner Occupant Requirement?
I have a question for all the BP experts.I am fully aware (and abide by) all owner occupant requirements when dealing with any type of government owned/marketed homes (HUD, Homepath, etc).However - I ran across a new ...
Damon Decker
Need LLC Op Agreement for SDIRA in CO
Hello, looking for a copy of an operating agreement to use for a "Checkbook LLC" out of my SDIRA in Colorado. I found this one for CA, but would like a CO specific one.
https://www.firsttuesday.us/co...
Henri Meli
Using self directed IRA to purchase Land
Can I use funds from my self directed IRA to purchase a piece of land. I believe I can.Can I build several homes (i.e a subdivision or apartments ) on that land and sell the homes? I'm not a builder, so someone else w...
Jeffrey Seid
How do lenders verify tax returns in Canada?
I always wondered how lenders verify tax returns in Canada. In the Usa, lenders can make you fill up a form that will allow them to pull your tax returns themselves, but such practise doesn’t happen in Canada. Lenders...