Joshua Manier
HELOC for 2 unit investment property in Chicago, IL
Hello Everyone,Does anyone know of a lender who can provide a 1st lien HELOC on a 2 unit rental property? Great rental income, strong FICO, low LTV (60% or below), strong liquidity and PFS. Thanks in advance.
Pedro Jose Villaroman
HELP!!! About to loose money in a JV deal..
Hello BP im a newbie in RE and i entered in a JV contract with another newbie to purchase a historic SFR in Fairmont Heights MD using a hard money lender and closed on October 2018. Our JV agreement is im paying for t...
Alex Holt
Is Reia really good or not worth it ? And i am wanting to start wholesaling any advice
So as i said in my title i am looking to join my local REIA but i wanted to see if it is worth it for one . And also i am wanting to get more involved in wholesales to get the capital to one day get into rehabs. But i...
Lee Yoder
My First Small Apartment Building- Success Story
Investment Info:
Large multi-family (5+ units) commercial investment investment in Dayton.
Purchase price: $350,000
Cash invested: $35,000
This property was listed on loopnet.com for over a year. The...
Ben C.
Financing a Flip: Cash vs Hard Money
Hello,
I would love to hear everyone's opinions and experiences funding flips...
If you had enough cash to finance the acquisition and renovation costs would you go that route?
While I understand the incentive of ...
Josh Sexton
Contract for wholesaling
Hi,
I was wondering if I could get some opinions on this contract? This was wrote up
By a Realestate attorney. The only thing I see that is concerning is the nonrefundable escrow money. What do you guys think...
Winston Spence
Finding Buyers For A HUD Home
I'm trying to figure out a way to find buyers to wholesale HUD homes to. I have been noticing buyers are going behind my back to get the properties themselves. I'm just curious as to how other BP investors are whol...
Aaron C.
Is there any way to make an FHA offer competitive?
When competing against cash buyers on portals, and the MLS, I’m curious to know what kind of strategies are there when your offer is coming from a FHA loan or low down payment?
Andy Sabisch
Okay, here's a question on time to vacate
We are buying a duplex that has one side rented but they are on a month-to-month lease (actually do not have one at all so it is be default a month-to-month arrangement). They paid January 1st for the month and we cl...
Matt Bowers
What should I do with inherited tenants that had verbal leases with prior owner?
(We're in Seattle.)This is my first post on BP!I'm closing on a triplex on July 31st that currently has tenants. The tenants are all month-to-month but two units only have verbal leases. Repeat: NO written lease. We w...