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This would be my first attempt at a deal, here are the numbers on this duplex: Top to bottom duplex with both units having 3 bedrooms 1 bathroom. Not that great of an area, one unit occupied and other is accepting a...
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I have a property under contract and have been working with a loan broker FOR OVER A MONTH! I'm in clear danger of the seller's patience running out. Was told we "passed" the lender's test: 730 Credit scores, ple...
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I own a three-unit in Chicago which has strict regulations about accepting security deposits therefore I've recently started doing non-refundable move-in fees as most landlords do here. I have a tenant that was great ...
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I've been lucky in that all my previous condos were bought vacant which allowed me to get in and renovate and change our wear items which gives me long term peace of mind. I bought a quad last November which was fu...
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Houston, Do we have a problem?I'm wondering if the market is softening in Houston Texas.Fair warning: I'm new to analyzing. And my information is from realtors web sites. (not raw data) But the data is reported to com...
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I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
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How do I check the credibility of a lender? What are the requirements? What are the red flags?
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Hi everybody, I just bought my first property in Aiea, HI (on the outskirts of Honolulu) and am set to close the first week of October! I've been on BP for a looong time, but my real estate investing dreams were put o...
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I am interested in Southern Florida and a planning a scouting trip for a week in January. I was quite active in Southern California between 2009 and 2012, but the pickings here are getting too slim. I have been heavil...